M&A News

PONCA City, Okla. — Rollins strengthened its presence in Oklahoma and Kansas with the conquering of Ponca City, Okla.-based Parker Pest Control. The deal closed on May seven and terms were not disclosed.

Parker Pest Command was founded in 1963 by Dick Parker, an Oklahoma State University graduate who later became head entomologist at Pillsbury Mills (Enid, Okla.) and somewhen worked for a small-scale pest control company in Enid. His son, Brad Parker, joined Parker Pest Control total-time in the 1970s after two years at Northern Oklahoma Higher.

While Dick Parker ran the company from its Ponca City headquarters, Brad Parker was busy expanding Parker Pest to new markets, start with Tulsa, and afterwards to Stillwater, Enid, Oklahoma City, Tulsa and Wichita, Kan.

Brad Parker took the reins from his dad in the late 1990s, running the business from the company's Ponca Urban center function. Parker Pest Control connected to flourish under Brad Parker's leadership; the company now employs 18 and has built on its reputation as an outstanding service provider with long-tenured service professionals, including JD Donaldson, who was named Per centum's 2016 Termite Technician of the Yr.

Central to Parker's growth has been its success in the commercial sector. The company developed the P.East.S.T. machine, including protocols and procedures. The machine is an electrostatic squeegee for applying boric acrid pulverization. "It delivers a super-fine film of boric acid powder that roaches don't avert," Brad Parker said. "Once we proved ourselves, word got effectually to other restaurants, country clubs, hospitals and wellness-care facilities, and the business concern took off."

Left to right: Orkin's Mona Crouch, Matt Whiting, Shari D. Jones and Leland Morris; Parker Pest Command's Brad Parker and Marjorie Parker; Orkin's James Earl Thomas and Allen Fowler; and Kemp Anderson, Kemp Anderson Consulting.

In addition to running Parker Pest Control, Brad Parker has been an active member of the Oklahoma Pest Control Association and the National Pest Management Association. Observing how the pest control manufacture has improved its professionalism has been one of Brad Parker'south career highlights, he said. "I can remember attending Oklahoma Pest Control Association meetings in the 1970s and the industry was not all that professional. Information technology seems that in the last ten to 15 years the industry has really blossomed and go super professional person."

At age 64, Brad Parker had been contemplating his future and keeping tabs of Thousand&A activeness in the pest command industry. He decided it was fourth dimension to sell the business firm and began exploring options. Parker said he received multiple offers and decided to sell to Rollins, in part, after consulting with other industry colleagues who had positive experiences selling to Rollins.

Brad Parker said he plans to stay with Parker Pest Control for at to the lowest degree 1 more year.

Rollins declined to comment for this story.

Kemp Anderson, Kemp Anderson Consulting, represented Parker Pest Control in the transaction. — Brad Harbison


Yard&A News

Rollins' HomeTeam Acquires Texas' Stout Pest Control

SAN ANTONIO, Texas — HomeTeam Pest Defense, a partition of Rollins, recently acquired Stout Pest Control of San Antonio, Texas.

Stout Pest Control was founded in 1989 past Russell Stout, who formerly worked in the West Texas oil fields. Russell, along with married woman Linda — whose primary responsibilities were managing the back office (payroll, taxes, etc.), while as well working full time as a flight bellboy — congenital the business from scratch. Stout Pest Control institute its niche providing WDI inspections and treatments; Russell Stout became a trusted name among San Antonio real estate professionals.

"Ane of things people appreciate about Russell is that he can be so calming with real estate transactions, which can sometimes be volatile," said Linda Stout. "Realtors appreciated that, and so that whenever he did find carpenter ants or termites he was able to put clients at ease, so that would not blow the deal. Realtors knew he would exercise a expert inspection and reassure customers that fifty-fifty if something was establish we could nonetheless practise the deal."

Stout Pest Control's success in the WDI sector helped the visitor build its pest control customer base. Stout grew to utilize six service professionals, servicing Kendall and Boerne counties — areas inside a 75-mile radius of San Antonio.

Linda Stout said they decided to sell and so that Russell could enjoy retirement.

Paul Giannamore of The Potomac Company acted as exclusive adviser to Stout Pest Command. — Brad Harbison


Thousand&A News

Rentokil Steritech Acquires New Mexico Pest Control, Hitmen Termite & Pest Control

READING, Pa. — Rentokil Steritech appear in Apr it finalized deals to larn The Hitmen Termite & Pest Control, a San Francisco Bay area firm — and Santa Fe, N.M.-based New Mexico Pest Control (NMPC).

The Hitmen acquisition expands Rentokil Steritech'southward footprint in the Northern California market, increasing service density in an expanse where the company already has a strong presence, the house said. Terms of the deal were not disclosed.

The Hitmen Termite Company was founded as a four-person firm in 1978 and ran as a small successful termite visitor until 1993. In 1993, John Merritt purchased The Hitmen; co-owner Mike English invested in the business shortly later and both added the pest command segmentation, thus creating The Hitmen Termite & Pest Command. Together, Merritt and English take built a thriving operation in the Northern California market place. Today, The Hitmen Termite & Pest Control operates 3 offices that serve more than 10,000 customers in the Bay Expanse, with a strong presence in Sonoma and Napa Counties.

"Northern California's booming population is driving growth in the local marketplace for commercial pest management. We're pleased to bring The Hitmen Termite & Pest Command on lath to help serve customers in the area," said John Myers, president and CEO, Rentokil North America. "John and Mike accept congenital an incredible organization with a track record for high-quality service. Bringing their team into the Rentokil Steritech family volition augment our service abilities and help united states see growing demand in the area."

Merritt commented, "Nosotros are excited to join the Rentokil Steritech family unit of pest command experts and look forward to working closely with them to integrate our expert team into their operations."

This acquisition adds 120 full-time employees to the Rentokil Steritech staff.

The New United mexican states Pest Control acquisition farther expands Rentokil Steritech'southward presence in the Southwestern U.S. market place. Terms of this deal also were non disclosed.

Established in 1945, and acquired in 1985 by Charles "Chuck" Simko Jr., a fellow member and quondam president of the New Mexico Pest Management Association, NMPC has a built a reputation equally a provider of outstanding client service to homeowners and businesses in northern New Mexico. NMPC currently serves customers in the Santa Fe, Albuquerque and Taos markets.

"The addition of NMPC'southward local market place leadership to our growing family of experts further enhances our ability to serve both residential and commercial customers in the Southwest," Myers said. "Chuck and his team share our high-level commitment to client feel and globe-class pest control services and we are thrilled to take them bring together our team."

New Mexico Pest Control President Simko added, "The NMPC team is proud to join the well-established Rentokil Steritech brand and I look frontwards to working closely with their local team during the transition period to best serve our customers throughout the region."

PCO Thousand&A Specialists (a division of PCO Bookkeepers) acted equally sectional financial adviser to New Mexico Pest Control.


Bayer Closes Monsanto Conquering

LEVERKUSEN, Deutschland — Bayer successfully completed the acquisition of Monsanto in June. Shares in the U.Due south. company volition no longer be traded on the New York Stock Exchange, with Bayer at present the sole owner of Monsanto Company. Monsanto shareholders are being paid $128 (U.Southward.) per share. J.P. Morgan assisted Bayer with processing the purchase toll payment for the largest conquering in the company's history. According to the conditional approval from the United States Department of Justice, the integration of Monsanto into Bayer can take place as before long as the divestments to BASF have been completed. This integration process is expected to embark in approximately 2 months.

"Today is a bully solar day: for our customers — farmers around the world whom we volition be able to assistance secure and better their harvests fifty-fifty better; for our shareholders, because this transaction has the potential to create significant value; and for consumers and broader society, considering we will exist even better placed to aid the world's farmers abound more healthy and affordable food in a sustainable manner. As a leading innovation engine in agriculture, we offer employees effectually the earth bonny jobs and development opportunities," said Werner Baumann, chairman of the Bayer Board of Management. "Our sustainability targets are equally important to us as our fiscal targets. We aim to alive up to the heightened responsibility that a leadership position in agriculture entails and to deepen our dialogue with guild."

"Today's closing represents an important milestone toward the vision of creating a leading agronomical company, supporting growers in their efforts to be more productive and sustainable for the benefit of our planet and consumers," said Hugh Grant, outgoing chairman and CEO of Monsanto. "I am proud of the path nosotros have paved as Monsanto and await forwards to the combined visitor helping move modernistic agriculture frontward."

Liam Condon, member of the Bayer board of management, will pb the combined Crop Scientific discipline Division when the integration commences. Until that fourth dimension, Monsanto will operate independently from Bayer.

Jay Besheer Budgeted l-Twelvemonth Anniversary at Gunter Pest & Lawn

Besheer

KANSAS CITY, Mo. — Jay Gunter Besheer, president of Kansas Urban center-based Gunter Pest & Lawn, is approaching his l-year work anniversary with the family-endemic house.

Besheer is the grandson of Reggie Gunter, longtime owner of Gunter, and he began working for the company when he was but thirteen.

Gunter has been operating in Kansas Urban center since 1950. Besheer officially started working at Gunter in 1969, just in the early 1960s he spent his babyhood and teenage summers aslope his grandfather and his employees, often entertaining homeowners equally the service was performed. "I spent many a Sat afternoon riding forth with my grandfather as he exterminated homes," Besheer recalled. "We had a slap-up routine. He would introduce himself, then introduce me, so proceed to say, 'Jay, tell the nice lady what you want to do when you abound up.' I would say, 'I'grand gonna exist a bugman, merely like my granddaddy.'"

Reggie Gunter transitioned the business concern to Jay's male parent, Norman O. Besheer, who left his career in law to join Gunter. Norman Besheer became president upon Reggie's death in 1979, and he withal works for Gunter as CEO (at age 89).

After graduating from the University of Missouri in 1977, Jay Besheer joined the company full fourth dimension. "When I graduated, I dove head offset into the chore I had always known to be my dream job. I accept e'er felt lucky to have known what I wanted to do with my adult life at such an early age," he said.

Under the leadership of Norman Besheer, and later Jay Besheer, Gunter Pest & Backyard has achieved many impressive company milestones. In 2001, Gunter acquired A&Fifty Pest Control; A&L was 1 of the premier pest direction firms in the Greater Kansas City surface area, with more than than 20,000 clients at the fourth dimension of the merger. The merger of A&L and Gunter Pest formed i of the largest pest management firms in the Midwest. Other purchases throughout the years included Cleartox Termite Control; Johnson & Johnson Pest Control; Beaman Pest Control; Allied Exterminators; Woodbury Pest Control (St. Joseph); and Ability Pest Control (St. Joseph).

Equally of 2018, Gunter had more 27 employees and more than 100,000 clients. The visitor prides itself on using the latest technology and putting customers first, Besheer said. — Brad Harbison


PelGar Receives United Kingdom Enterprise Accolade

HAMPSHIRE, UK — PelGar International announced that information technology won the "Best Global Pest Control Products Provider 2018" in the Great britain Enterprise Awards programme. Run by SME News magazine since 2016, the awards strive to recognize and highlight the key players and enterprises within the UK business scene and honor those who thrive among competition.

PelGar's Marketing Manager Anna Wilson-Barnes commented, "Small-scale and medium size businesses are often overlooked for recognition, despite the achievements made every day. To be nominated past our peers for this award is a statement in itself, as nosotros all work together to reach that success on the national and international phase. It is a fantastic recognition of the difficult piece of work and commitment from the whole PelGar team and we are very proud to receive this award."

Owned by AI Global Media, an international provider of corporate news and information, SME News draws on a network of industry insiders to provide news, features and deals from beyond the minor to medium enterprise mural in the Great britain.


NPMA Welcomes Utah Pest Management Association

FAIRFAX, Va. — The National Pest Management Association announced the formation of the Utah Pest Management Association (UPMA).

"Utah'due south pest direction industry is comprised of one,466 companies employing 5,873 registered technicians and countless support staff. Utah'southward pest direction industry plays a vital role in safeguarding public health, and protecting Utah'south businesses, while besides generating jobs and bolstering our overall economy," said Andrew Richardson, CEO of Edge Pest Control and president of UPMA.

Every bit part of the state clan's mission, UPMA will provide local and regional PMPs with the tools needed to finer grow their business, comply with country and federal regulations, and keep up-to-date with the latest integrated pest management practices. The association's public policy advocacy will ensure that state and federal legislators empathize the concerns and issues for Utah's PMPs.

"As a joint state partner, members of UPMA are granted access to NPMA's premier manufacture leaders, preparation, business evolution courses and many other resources," said Dominique Stumpf, CEO of NPMA.

For more information visit www.utahpest.org.