Environmental Pest Service has been acquired by Rentokil
Environmental Pest Service, operating under the brands Arrow Environmental Services and Bug Out Service, has been acquired by Rentokil North America.
George Pickhardt, Environmental Pest Service’s Chairman of the Board, partnered with Ken Hooten of Concentric Equity Partners in 2010 to significantly expand the platform Pickhardt took over from his father in 1992. Environmental Pest Service, which ranked number 15 on the 2020 PCT Top 100 list, has more than 100 years of experience in pest control, serving communities throughout Florida, southeast Georgia, metro Atlanta and central North Carolina.
“We are thrilled with the opportunity to combine our incredible, customer-focused, high-performing team with Rentokil North America,” said Environmental Pest Service CEO Shawn Lucht. “Our mirrored cultures are a perfect match and will result in impressive future growth.”
“We are proud to have built an organization committed to serving both customers and front-line employees, and we are pleased to have Rentokil carry our mission forward,” said Rob Swartz, Operating Partner at Concentric Equity Partners.
“The Environmental Pest Service team has built an impressive company, committed to excellence in their pest control craft,” said John Myers, President and CEO of Rentokil North America. “We are expanding to meet the growing needs of residential and commercial customers across the Southeast with this acquisition. We look forward to welcoming the customers and more than 600 colleagues to the Rentokil family.”
LR Tullius represented and acted as exclusive financial advisor to Environmental Pest Service on the transaction.