ServiceMaster acquired Binghamton, N.Y.-based Burke Pest Control.
Burke Pest Control was founded by John Burke in 1982. Burke is a technical expert and has completed a variety of advanced entomology courses at Purdue University, focusing on urban and industrial integrated pest management.
The company provides general pest control services and termite services in the greater Binghamton metro area, encompassing 10 counties in New York and three in Pennsylvania. While Burke Pest Control provides residential services, its focus is on the commercial market, servicing accounts such as Cornell University.
Post closing, Burke Pest Control will continue to run as a standalone brand, and Burke will remain on staff for the indefinite future.
Paul Giannamore of The Potomac Co. acted as adviser to Burke Pest Control.
“If you look at all of the major platform and tuck-in acquisitions up and down the East Coast, the majority of them have been done by Potomac, and Potomac is constantly hitting the next record for the highest price deal,” says Burke, regarding the transaction. “After having just gone through this process, I unequivocally agree with that statement. In fact, the final purchase price was over 60 percent higher than I even thought possible.”
The acquisition of Burke Pest Control is one of several completed by ServiceMaster in recent months. The company also purchased Greenville, S.C.-based Gregory Pest Solutions; South Elgin, Ill.-based McCloud Services; Tamaqua, Pa.-based Seitz Brothers Exterminating; and Conyers, Ga.-based Inspect-All Services.
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from Pest Management Professional https://www.mypmp.net/2019/11/20/servicemaster-purchases-burke-pest-control/
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