Intrastate Pest Control And Valley Termite And Pest Sell To American Pest, An Anticimex Company
December 15, 2020 - Industry News
FULTON, MD — American Pest, an Anticimex company, announced the acquisition of Intrastate Pest Control Co., Inc and Valley Termite & Pest Control, LLC (collectively referred to as Intrastate) — both family-owned pest control operations located in Charlottesville, VA, and Staunton, VA, respectively.
Intrastate Pest Control was founded in 1969 by Robert “Bob” Wells and has been serving the Charlottesville community for three generations, with strong market share and an unparalleled reputation. Greg Wells came to work full time in the business in 1994 and bought the business from his father in 2009. Valley Termite & Pest was purchased by Greg and his wife Barbara in 2004 and operates in the Shenandoah Valley footprint.
“We are delighted to unite our business with Intrastate and Valley, who are both very highly regarded by their customers and have a long history of integrity and excellence. We look forward to continuing to provide a high level of service to their loyal customers,” says David Billingsley, President of American Pest. “The people who will be joining our team at American Pest are highly-skilled professionals and we are proud to welcome them to our organization.”
Greg Wells, owner of Intrastate adds, “Our goal at Intrastate Pest Control is to provide our customers with effective, ecologically-responsible pest management solutions, protecting health, households and the earth. With this merger, we found a partner with comparable values—a partner focused on service excellence—who will continue to provide opportunities for our team as well as additional service offerings to our customers to compliment what Intrastate already provides. When it’s time for me to retire, I look forward to leaving my family and team in good hands with American Pest.”
The acquisition of Intrastate Pest Company and Valley Termite & Pest Control, Inc. is American Pest’s 13th acquisition in 4 years, bringing 35 additional pest professionals to its expanding team.
Paul Giannamore and Franco Villanueva-Meyer of The Potomac Company represented and acted as exclusive financial advisors to Intrastate and Valley in these transactions.
Source - PCT Online
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