Rollins Announces Acquisition Of 2 Critter Control Franchises, Highlights 'Robust Pipeline Of Acquisition Opportunities'

Loading...
Loading...
Rollins, Inc.ROL
, a service company that provides pest and termite control services, announced that it has purchased its first 2 Critter Control franchises and will convert its already existing Trutech operations in Phoenix, Tucson and Las Vegas to Critter Control and will operate as Critter Control, Inc. in the markets. The company's latest move follows a prior announcement that it had acquired Critter Control, Inc. - the franchisor of more than 110 wildlife control operations in the U.S. and Canada. Related Link:
Orkin Issues M&A Update, Says It Made 7 Acquisitions During Q1
Rollins now owns the nation's 2 leading wildlife control companies. "It was always our plan to acquire some of the Critter Control franchises in larger markets, and we are pleased to begin delivering on that promise," stated Rollins President and Chief Operating Officer John Wilson. "We continue to see a robust pipeline of acquisition opportunities in the Critter Control franchise organization." "We are now striving to build the world's best wildlife company by merging our company-owned Trutech operations with the well-known Critter Control brand name," continued Wilson. "Our short-term strategy will be a gradual approach, including company-owned Critter Control operations, franchised Critter Control operations, as well as company-owned Trutech operations." Shares of Rollins were trading lower by 0.04 percent late Wednesday afternoon.
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: NewsCritter ControlJohn WilsonPest ControlRollins
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...