Continuing its Florida expansion, Orlando, Fla.-based Certus Pest has acquired Patrick Exterminating, headquartered in Stuart, Fla.
Terms were not disclosed; Rand Hollon from Preferred Business Brokers represented and acted as exclusive financial advisors to Patrick Exterminating in this transaction.
“When I started this business, I was the only employee. That isn’t the case today. Most of my team has been with me for more than 15 years,” Patrick Exterminating Founder and Owner Rick Patrick said in a news release. “A key factor in my decision [to sell] was making sure they would be joining a company that would recognize their tenure and loyalty and help them continue to grow.”
Founded in 1988, the south Florida business provides pest and termite control and lawn care services to customers in Martin, St. Lucie and Northern Palm Beach counties.
“The long tenure of the team at Patrick Exterminating speaks volumes about the business Rick has created,” Mike Givlin, CEO and co-founder of Certus, said. “We look forward to welcoming them into the Certus family and continuing to support their strong service and employee-centered culture.”
ABOUT CERTUS
In 2020, Certus completed its first acquisition in Florida with Hoskins Pest Control.
So far in 2021, the company has purchased several companies including DeLand, Fla.-based Aaron Pest Control, Palm Desert, Calif.-based Bug Guys Pest Control, Gilbert, Ariz.-based Bryant Pest Control as well as its first company in Georgia with Peachtree Pest Control, and another first in Nevada with Las Vegas Pest Control.
Certus now operates in California, Georgia, Washington, Oregon, Florida, Idaho, Arizona and Nevada. The company expects to continue to grow in its existing markets and enter new markets into 2021.
In 2019, CEO and co-founder Mike Givlin partnered with Imperial Capital, a mid-market private equity firm from Toronto, Canada. Then Certus was launched and entered the pest control market in 2019 in the Pacific Northwest with its first two acquisitions: Mathis Exterminating, Puget Sound, Wash., and Eco Elite Pest Control, Seattle, Wash.
The post Certus purchases Patrick Exterminating appeared first on Pest Management Professional.
from Pest Management Professional https://www.mypmp.net/2021/05/07/certus-purchases-patrick-exterminating/
Sacramento CA
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