Sunair Services’ loss narrowed 23 percent in the second quarter as sales dropped 12 percent.
The Boca Raton-based pest control and lawn care services company (AMEX: SNR) reported a net loss of $811,685, or 6 cents a share, on revenue of $12.6 million for the quarter ended March 3. A year ago, it had a net [...]
Entries from May 2009
Sunair Second Quarter Loss Narrows
May 26th, 2009 · No Comments
Tags: Industry Press
Every Deal Has its Time
May 24th, 2009 · No Comments
By Ron Edmonds, The Principium Group
One of things I often tell my clients is “Every deal has its time.”
What I mean by that is that many, many different factors involving a buyer, a seller, the economy, an industry and credit markets all have to line up for a transaction to have a [...]
Tags: Selling Your Business
Is it better to sell during the season or the off-season?
May 24th, 2009 · No Comments
By Ron Edmonds, The Principium Group
Is it better to sell during the season or the off-season? This is a question we are often asked by green industry business owners.
For many reasons, green industry business owners often prefer to think about selling during the off-season. This is true for many reasons, but probably the [...]
Tags: Selling Your Business
Lawn care takes back seat to economy
May 23rd, 2009 · No Comments
From the Cincinnati Enquirer. Read the original story here. By Jeff McKinney
Lawn care companies and landscapers are feeling the sting of the sour economy in the midst of their peak season.
“The weak economy has prompted a lot to people to hold onto their money,” said Andy Doesburg, vice president at Thornton Landscape, one [...]
Tags: Industry Press
SunAir Files Form 10-Q for 2nd Quarter Ended March 31, 2009
May 21st, 2009 · No Comments
SunAir Services, parent company of Middleton Pest Control, filed its Form 10-Q for the quarter ended March 21, 2009 (the second quarter of its fiscal year) yesterday. SunAir has been the subject of takeover speculation, having rebuffed an offer from Florida competitor Massey Services, then engaging an investment banking firm to assist in reviewing strategic [...]
Tags: Uncategorized
Warnke Named Chairman of Davey Tree
May 21st, 2009 · No Comments
Kent, Ohio– May 20, 2009 -As part of the Company’s executive leadership transition, Karl J. Warnke has been named Chairman of the Board of The Davey Tree Expert Company.
Warnke, a 29-year Davey employee, adds Chairman to his responsibilities as President & CEO of the 129-year-old company.
Warnke replaces R. Douglas Cowan, who served as Davey Chairman [...]
Tags: Industry Press
Converted Organics Inc. Announces Registered Direct Offering of Common Stock; Proceeds to Be Used to Retire Debt
May 20th, 2009 · No Comments
BOSTON–(BUSINESS WIRE)–Converted Organics Inc. (NASDAQ:COIN) announced today it has entered into definitive agreements with institutional investors to raise gross proceeds of $2,100,000, before placement agent’s fees and other offering expenses, in a registered direct [...]
Tags: Industry Press
10 Ways to Value Your Service Business
May 19th, 2009 · No Comments
Yes, you can sell your business at a fair price – even in a recession.(from LawnandLandscape.com)
So you want to sell your service business, but you don’t have a clue how to value it? You’re not alone. Business valuation expert and author Chad Simmons explains how to transform those intangibles that make your company special into [...]
Tags: Industry Press
HomeTeam Pest Defense Announces Acquisition of Several Companies
May 19th, 2009 · No Comments
DALLAS – HomeTeam Pest Defense announced today it has acquired Raburn Pest Control and Lindsey Termite and Pest Control, Inc., both of Tampa, Fla., and the assets of PestBear in Atlanta, Ga. Terms of the transactions were not disclosed.
“We were attracted to these companies because of their emphasis on customer service,” said Bob Wanzer, CEO [...]
Tags: Industry Press
Today’s Garden Center The Gardening Boom of 2009
May 12th, 2009 · No Comments
From Today’s Garden Center
In case you haven’t heard, according to CNBC and other media sources, we are in the middle of a gardening boom.
Scares from salmonella, a return to an organic lifestyle, a way to save money on the grocery bills, and gardening as an alternative to exotic, pricey vacations are some of the reasons [...]
Tags: Industry Press