Rentokil Acquires Eden Advanced Pest Technologies
By CnAgri Print Eden Advanced Pest Technologies, based in Olympia, Wash., has been acquired by Rentokil Pest Control, one of the world’s largest pest control providers, with North American headquarters in Reading, Pa.Founded in 1989, Eden is one of the largest pest control providers in the Pacific Northwest, servicing both commercial and residential customers throughout Western Washington and Western Oregon. The company has annualized revenue of $7 million. Eden will continue to provide pest control services to its customers under the Eden brand. As part of the acquisition, the company’s owner, Jack Marlowe, and its entire team of managers and employees, will remain with the company.
"We have had a long history with Eden and we are truly thrilled that a company of Eden’s caliber will be joining the Rentokil family of companies under Jack Marlowe’s continued leadership,” said John Myers, president and CEO of Rentokil North America. “In addition, the markets that Eden services – the Pacific Northwest – fill an important geographic gap for Rentokil and our regional customers and prospects.”
Said Jack Marlowe, “I was looking for a partner to grow with; Rentokil made the decision easy. We get access to tremendous resources for our employees and customers within a culture very much like our own. You can feel the influences of the various companies that make up the Rentokil family, including J.C. Ehrlich, a company that I have admired and in many ways tried to emulate over the years. I’m very excited about our future”.
Tullius Partners represented and acted as exclusive financial advisor to Eden Advanced Pest Technologies. Terms of the transaction are not being disclosed.
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