Terminix, a portfolio company of U.S. private equity firm Clayton Dubilier & Rice (CD&R), recently bought pest and wildlife control providers Excel Pest Control Ltd and Cabot Pest Control Ltd. The values of the acquisitions were not disclosed. Excel Pest Control is located in Fredericton, New Brunswick, while Cabot Pest Control is located in St. John’s, Newfoundland and Labrador. Including these companies, Terminix has acquired a total of five companies in Canada since 2013. Terminix is a subsidiary of Memphis, Tennessee-based ServiceMaster Company LLC, which has been backed by CD&R since 2007.
Terminix® Announces Acquisition of Two Canadian Pest Control Companies
The Pest Control Leader Expands Presence in Canada; Reinforces Commitment to Growth in the Country
MEMPHIS, TN–(Marketwired – March 19, 2015) – Terminix®, the leading provider of termite and pest control services in the United States, has announced the acquisitions of two more Canadian pest and wildlife control companies, Excel Pest Control and Cabot Pest Control.
Excel Pest Control was established in 1999 by Greg and Shelly Ricker and is located in Fredericton, New Brunswick. The residential, commercial and industrial pest control company is regarded for providing effective, efficient pest control and customer care. In addition to pest control, Excel offers services such as infrared building condition monitoring, insulation services, structural renovations and hygienic washroom care. Excel Pest Control was acquired by Terminix in December 2014 and services customers in Fredericton, St. John’s, Moncton, Woodstock, Sussex and St. Stephen.
Cabot Pest Control was founded in 1998 by Kenneth and Kathy Pretty and is located in St. John’s, Newfoundland. Cabot was acquired by Terminix in January 2015. The company, which specializes in residential and commercial pest control, also provides bird control services, commercial washroom care, odor neutralizers and home protection plans, and services customers in the agricultural, institutional, pharmaceutical and industrial sectors.
“Excel and Cabot are two more exciting additions to our continually growing business,” said Bill Derwin, president of Terminix. “In our efforts to expand our presence, Canada will play an important role in our growth strategy. We focus on acquiring solid companies with high integrity, experienced technicians, and loyal, recurring, long-tenured customers. Because of that, we’re pleased to welcome the teams at Cabot and Excel to Terminix.”
Terminix has fostered substantial growth in Canada since 2013. These two new additions follow acquisitions of Toronto-based Magical Pest Control, Vancouver-based Care Pest & Wildlife Control and Quebec-based Groupe Cameron in the past two years. Company officials said the Excel and Cabot acquisitions will not have a material impact on its first-quarter or full-year 2015 financial results.
Terminix is the leading provider of termite and pest control services in the United States. Headquartered in Memphis, Tenn., Terminix services approximately 2.8 million residential and commercial customers in 47 states and 22 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. (NYSE: SERV), a leading provider of essential residential and commercial services. 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 8,000 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). We serve 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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