In an SEC filing on Friday, January 23, Massey Services, Inc. announced that it had withdrawn its offer for Sunair Services, Inc. after Sunair hired an advisor to conduct a sale process.
The following is an excerpt of Massey’s statement:
Board of Directors of Sunair Services Corporation
On behalf of Massey Services, Inc. (“Massey”), we submit [...]
Entries from January 2009
Massey Withdraws Offer for Sunair
January 26th, 2009 · No Comments
Tags: Industry Press
Sunair Engages Firm to Explore Strategic Alternative
January 22nd, 2009 · No Comments
BOCA RATON, Fla., Jan. 20 /PRNewswire-FirstCall/ — Sunair Services Corporation (Amex: SNR – News) today announced that it has retained Hyde Park Capital Partners, LLC, an investment banking firm, to explore a range of strategic alternatives, including a possible sale of the Company.
Jack Ruff, Chief Executive Officer and President of Sunair Services commented, “We are [...]
Tags: Industry Press
Massey Services Bids $3.00 per Share for Sunair Services
January 21st, 2009 · No Comments
Massey Services, Inc. of Maitland, Florida has upped its bid for all of the stock of Sunair Services, Inc., parent company of Middleton Pest Control, Inc., a major pest control and lawn care business across the state of Florida to $3.00 per share, with a deadline of January 26 for Sunair to respond.
The auction is [...]
Tags: Industry Press
Commercial Grounds Care Merges with Schiller-Pfeiffer
January 15th, 2009 · No Comments
SOUTHAMPTON, PA — Commercial Grounds Care, Inc. of Johnson Creek, WI — manufacturer of BOB-CAT, Bunton, Ryan and Steiner brand grounds care equipment — and Schiller-Pfeiffer, Inc. of Southampton, PA — manufacturer of Classen, Little Wonder and Mantis brand gardening, landscaping and turf care equipment — have merged to create Schiller Grounds Care, Inc.
The two [...]
Tags: Uncategorized
HighGrove Partners Announces Share Ownership Change
January 15th, 2009 · No Comments
Austell, Georgia (January 8, 2009) – William Lincicome, ASLA, AIA, Chief Creative Officer and
James McCutcheon, CLP, Chief Executive Officer have acquired President Kenneth Rogers’
ownership shares of HighGrove Partners in a share purchase agreement.
“Bill and I have the highest respect for Ken’s talent and expertise in operations and finance, which has
contributed immensely to HighGrove. We are [...]
Tags: Industry Press
The Dos and Don’ts of Seller Financing
January 7th, 2009 · No Comments
The Dos and Don’ts of Seller Financing
By Mike Handelsman, General Manager, BizBuySell
In today’s tight business-for-sale marketplace, an owner’s willingness to finance the sale gives him or her an edge over the competition. But owner financing isn’t for the faint of heart. To stay on track, sellers need to follow some obvious – and some not [...]
Tags: Selling Your Business
Yellowstone acquires Austin Outdoor
January 7th, 2009 · No Comments
Bunnell, Florida, January 6, 2009 – Bunnell-based Austin Outdoor today announced that it has become part of the Yellowstone Landscape Group, one of the largest full service and environmentally focused landscape providers in the United States. Austin Outdoor’s leadership will retain significant ownership in Yellowstone and will lead the Company’s expansion in Florida and the [...]
Tags: Industry Press
PermaTreat acquires Envirway of Chester, VA
January 6th, 2009 · No Comments
FREDERICKSBURG, Va. — PermaTreat Pest Control, headquartered in Fredericksburg, Va., has purchased Envirway Pest and Termite, located in Chester, Va., a Richmond suburb. PermaTreat currently has an office in the Richmond area.
The acquisition of Envirway expands PermaTreat’s service area to the Petersburg and Hopewell areas as well as Southside Virginia.
The business will continue to operates [...]
Tags: Industry Press
Orkin Establishes Kuwaiti Franchise
January 6th, 2009 · No Comments
Orkin Establishes International Franchise in the State of KuwaitATLANTA, Jan. 5 /PRNewswire-FirstCall/ — Rollins, Inc. (NYSE: ROL), a premier North American consumer services company, announced today that the Company’s wholly owned subsidiary, Orkin, has established a franchise in the State of Kuwait. This latest franchise expands Orkin’s presence in the Middle East to five franchises [...]
Tags: Industry Press
Rollins Acquires Crane Pest Control
January 6th, 2009 · No Comments
TLANTA and SAN FRANCISCO, Jan. 6 /PRNewswire-FirstCall/ — Rollins, Inc. (NYSE: ROL), a premier North American consumer services company, announced today that it has completed its acquisition of Crane Pest Control, Inc.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080723/CLW029LOGO )
Crane Pest Control, Inc. was established in 1930 in San Francisco, Calif. The Company with annual revenues exceeding $10 million is [...]
Tags: Industry Press