Terminix, an affiliate of U.S.-based ServiceMaster Global Holdings Inc (NYSE: SERV), has acquired substantially all of the assets of Groupe Cameron, a pest management company with headquarters in Sherbooke, Québec. The financial terms of the deal were not published. Terminix’s acquisition of Groupe Cameron is its third in Canada since August 2013. At that time, the company bought Toronto’s Magical Pest Control, while last September it acquired Vancouver’s Care Pest & Wildlife Control. The Memphis, Tennessee-based ServiceMaster has been a portfolio company of U.S. private equity firm Clayton Dubilier & Rice since 2008.
Terminix Acquires Assets of Quebec-Based Groupe Cameron
Expands Canadian Footprint Into New Province
MEMPHIS, TN–(Marketwired – September 24, 2014) – Terminix, the leading provider of termite and pest control services in the United States and a business unit of ServiceMaster Global Holdings, Inc (NYSE: SERV), today announced it has acquired substantially all of the assets of Groupe Cameron, a Quebec, Canada-based company. The entrance into the Quebec province demonstrates the company’s commitment to growing its Canadian presence and follows 2013 acquisitions of Toronto-based Magical Pest Control and Vancouver-based Care Pest & Wildlife Control.
Founded in 1962, Groupe Cameron is a premier pest management provider, with a focus on commercial business, serving the greater Quebec and East Ontario markets through a network of five branches. The company provides insect, rodent and bird control across a variety of industry categories including agri-food, institutional, pharmaceutical, industrial, commercial and residential.
“We are pleased to announce the acquisition of Groupe Cameron, a company that has experienced consistent growth and maintains an extremely high customer retention rate,” said Larry Pruitt, president of Terminix International Division. “Acquisitions like these continue to be an integral part of the overall Terminix expansion strategy, both in North America and also internationally.”
“Our top priority when choosing a company to grow Groupe Cameron was ensuring we had a cultural fit for our associates and customers,” said Pierre Cameron, former president of Groupe Cameron. “We have a tradition of taking care of our associates and providing superior service, and so we were very selective in joining a company with a strong culture that would enhance our service offerings, provide more opportunities for our associates, and maintain our tradition. We’ve found that in Terminix.”
Terminix is the leading provider of termite and pest control services in the United States. Headquartered in Memphis, Tenn., Terminix services more than 2.8 million residential and commercial customers in 47 states and 11 countries. Terminix provides pest control services and protection against termites, rodents and other pests threatening human health and/or safety. Terminix is a business unit of ServiceMaster Global Holdings, Inc.To learn more about Terminix, visit www.Terminix.com.
ServiceMaster Global Holdings, Inc. (NYSE: SERV) is a leading provider of essential residential and commercial services, operating through an extensive service network of more than 7,000 company-owned, franchised and licensed locations. The company’s portfolio of well-recognized brands includes Terminix (termite and pest control), American Home Shield (home warranties), ServiceMaster Restore (disaster restoration), ServiceMaster Clean (janitorial), Merry Maids (residential cleaning), Furniture Medic (furniture repair) and AmeriSpec (home inspections). The company serves approximately 5 million residential and commercial customers through an employee base of approximately 13,000 company associates and a franchise network that independently employs an estimated 33,000 additional people. The company is headquartered in Memphis, Tenn. Go to www.servicemaster.com for more information about ServiceMaster or follow the company at twitter.com/ServiceMaster or facebook.com/TheServiceMasterCo.
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