LOGO: MCCLOUD SERVICES
A Servicemaster employee has confirmed that the Memphis, Tenn.-based company, whose pest control presence includes Terminix and Terminix Commercial, is closing on an acquisition deal for McCloud Services, South Elgin, Ill., by the end of this week.
With reported revenue of $22.4 million, McCloud Services serves the food supply chain of custody, health care, hospitality, property management, retail industries and residential markets. It operates in Illinois, Indiana, Kentucky, Kansas, Iowa, Missouri, Mississippi, Tennessee, Wisconsin and Ohio. The Copesan member was founded in 1904 as W.B. McCloud & Co. as a manufacturer and distributor of sheep and cattle dips for use in the stockyards, before expanding into selling insecticides and rodenticides. Later that year, William Bailey McCloud expanded further, under the name “Rat Engineers and Pest Control Service.” The company has been known as McCloud Services since the early 1940s, and its third-generation CEO is Chris McCloud.
This is a developing story, which PMP will continue to update.
The post Servicemaster to acquire McCloud Services appeared first on Pest Management Professional.
from Pest Management Professional https://www.mypmp.net/2019/10/09/servicemaster-to-acquire-mccloud-services/
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