DALLAS, April 6, 2023 — HomeTeam Pest Defense, a Rollins, Inc. company, is proud to announce it will partner with Fox Pest Control. Rollins, Inc. (NYSE: ROL) (“Rollins”), a premier global consumer and commercial services company, acquired FPC Holdings, LLC (“Fox Pest Control” or the “Company”). Fox Pest Control employs more than 1,300 associates and is headquartered in Logan, Utah.
Founded in 2012, with operations across 13 states, Fox will be organized under HomeTeam and gain expanded opportunities to add termite and mosquito services. In addition to door-to-door marketing services, the Company has rapidly expanded through digital channels and is a leader in many of the communities it serves. The Company was recently recognized on the Inc. 5000 list as one of the fastest growing private companies in America.
“The acquisition of Fox Pest Control will accelerate our long-term growth strategy in new geographies across the United States,” said Jerry Gahlhoff, Jr., Rollins, Inc.’s President and CEO. “In addition to providing HomeTeam with an efficient entry point to new markets, we provide the team at Fox Pest Control with new services to offer to their existing customers,” he said. The highly complementary nature of the acquisition will provide both brands with new avenues of growth across several regions,” said Mr. Gahlhoff, Jr.
“The partnership between HomeTeam and Fox is exciting because our cultures and values are so aligned,” said Brady Camp, HomeTeam Pest Defense President. “We are people focused and leveraging our peoples’ talents and experience will create unlimited potential to recruit, develop, and retain the industry’s top talent,” he said. “Strategic market opportunities will be remarkable, due to the high growth and exceptional customer service that both brands deliver. The future looks so bright,” said Mr. Camp.
Mike Romney and Bryant White, the co-founders of Fox Pest Control, both commented on the reasons that they chose to partner with Rollins. “Culturally, HomeTeam was an obvious fit for Fox. Our long-standing relationship with the good people of the Rollins organization has been a blessing to our company, and we were mindful of that when pursuing this opportunity. We are excited to gain the benefits of HomeTeam’s expertise in the industry as well as its track record of excellence,” said Mike Romney. Bryant White added, “Fox and HomeTeam are aligned in the way we value people, leadership and vision. We look forward to seeing all of our team members continue to accomplish great things in their professional and personal lives.”
The transaction is valued at $350 million, including $32 million of contingent payments based upon the attainment of future growth and profitability levels. The Company had annual revenues in excess of $120 million in 2022.
About HomeTeam Pest Defense, Inc.
HomeTeam Pest Defense, established in 1996, is an award-winning leader in the pest management industry and is currently ranked #1 in servicing home builders. HomeTeam has installed over 1.5 Million homes with Taexx®, a built-in pest control networked system. The company offers termite protection services and innovative pest control. The company has over 50 locations throughout the United States and partners with homeowners and home builders to provide over 2,000,000 services a year. HomeTeam is a wholly-owned subsidiary of Atlanta-based Rollins, Inc. (NYSE: ROL). You can learn more about Rollins and HomeTeam at www.rollins.com and www.pestdefense.com.
Rollins, Inc. is a premier global consumer and commercial services company. Through its wholly-owned subsidiaries, Orkin, HomeTeam Pest Defense, Clark Pest Control, Orkin Canada, Western Pest Services, Northwest Exterminating, Critter Control, The Industrial Fumigant Company, Trutech, Orkin Australia, Waltham Services, OPC Pest Services, PermaTreat, Rollins UK, Aardwolf Pestkare, and Crane Pest Control, the Company provides essential pest control services and protection against termite damage, rodents and insects to more than two million customers in the United States, Canada, Mexico, Central and South America, the Caribbean, the Middle East, Asia, Europe, Africa, and Australia from more than 700 locations. You can learn more about Rollins and its subsidiaries by visiting our websites at www.orkin.com, www.pestdefense.com, www.clarkpest.com, www.orkincanada.ca, www.westernpest.com, www.callnorthwest.com, www.crittercontrol.com, www.indfumco.com, www.trutechinc.com, www.orkinau.com, www.walthamservices.com, www.opcpest.com, www.permatreat.com, www.safeguardpestcontrol.co.uk, www.aardwolfpestkare.com,
For Further Information Contact:
Suzanne Scott, Vice President Marketing 214-665-8720