ATLANTA, July 13 /PRNewswire-FirstCall/ — Rollins, Inc. (NYSE: ROL) a premier international consumer and commercial services company, today announced that it has signed a definitive agreement to acquire Waltham Services, Inc. The acquisition is expected to close by the end of July 2010.
Waltham Services, Inc. was established in 1893 in Waltham, Massachusetts. Waltham Services with annual revenues exceeding $17 million is a leading provider of advanced pest management, serving New England and New York. Waltham’s primary service is commercial and residential pest control. Following the acquisition, Waltham will operate independently to preserve its successful brand and loyal customers. Prior to the acquisition, Waltham was ranked as the 33rd largest company in the industry.
Glen Rollins, Executive Vice President of Rollins, Inc. and President of Orkin, LLC commented, “We are most pleased to welcome Waltham Services to the Rollins family of leading pest control brands. They have an outstanding management team and the company has, in fact, worked with Western Pest Services for over 40 years. This week, along with Waltham’s leadership, I will visit with their team and personally meet many of the fine individuals who are contributing to the company’s success. We feel fortunate to be joining with the oldest and finest pest control company in New England, whose talented associates will greatly enhance our service network.”
Rollins also recently announced that its Orkin subsidiary had acquired Redi-National Pest Eliminators of Tyler, Texas, which will be integrated into Orkin’s Tyler branch.