Pest and termite control provider Terminix, owned by Memphis-based The ServiceMaster Co., has acquired substantially all of the assets of Magical Pest Control, which is located in Toronto. The acquisition price was not disclosed. Founded in 1997, Magical Pest Control provides pest control services in Canada. ServiceMaster was acquired by U.S. private equity firm Clayton Dubilier & Rice for US$5.5 billion in July 2007.
Terminix Expands into Canada with Acquisition Of Assets from Magical Pest Control
First Canadian asset acquisition marks strategic entry into growing market for pest control leader
MEMPHIS, Tenn., Aug. 15, 2013 /CNW/ – Terminix, the world’s largest pest and termite control provider, announced today its entry into the Canadian pest control market with the acquisition of substantially all of the assets of Toronto-based Magical Pest Control.
Founded in 1997, Magical Pest Control is one of the largest pest control companies in Ontario, specializing in commercial accounts and the property management sector, while also treating residential customers. Led by President Mark Joseph, the Toronto company served customers throughout Ontario and eastern Canada. Terminix’s Toronto operations will provide commercial and residential pest control services under the Magical Pest Control name. Under Terminix’s leadership, Joseph will continue to operate the business and work closely with the Terminix Commercial team.
“Our acquisition of Magical’s operations marks an important strategic opportunity to expand our business to the growing Canadian market,” said Larry Pruitt, president of Terminix, a subsidiary of ServiceMaster, one of the world’s largest residential service networks. “Magical’s impressive focus on customer-centric service, innovation, as well as its strong commitment to its team members, made for a perfect match as we begin to establish the Terminix footprint in Canada.”
“When comparing companies with the resources to grow and improve Magical, our top priority was making sure our customers and our employees would be taken care of,” said Joseph. “We have a tradition of providing exceptional service to uphold at Magical, and we were very careful to select a company 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 world’s largest pest control provider. Headquartered in Memphis, Tenn., Terminix services approximately 3 million residential and commercial customers in 47 states and 15 countries. Terminix provides pest control services and protection against termites, rodents and other pests threatening human health and/or safety. To learn more about Terminix, visit www.Terminix.com.
With a global network of more than 7,300 company-owned, franchise and licensed locations, Memphis-based ServiceMaster is one of the world’s largest residential service networks. The company’s high-profile brands are Terminix, TruGreen, American Home Shield, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec. Through approximately 20,000 corporate associates and a franchise network that independently employs an estimated 31,000 additional people, the ServiceMaster family of brands provided services and products to approximately 8 million customers during the last 12 months. The company’s market-leading brands provide a range of residential and commercial services including termite and pest control; lawn, tree and shrub care; home warranties and preventative maintenance contracts; furniture repair; home inspections; home cleaning; janitorial services; and disaster restoration. Go to www.servicemaster.com for more information about ServiceMaster or follow the company at twitter.com/ServiceMaster or facebook.com/TheServiceMasterCo.
For further information:
Valerie Middleton, email@example.com, 901-597-1383
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