The Potomac Company is pleased to announce that its client, EcoShield Pest Control, a Top 25 US pest control company, has sold its Dallas, Houston and San Antonio, Texas operations to Massey Services. This acquisition represents Massey’s largest transaction since it acquired Sunair / Middleton almost seven years ago.
Paul Giannamore, head of Potomac’s Pest Control Group and lead advisor on the transaction said, “Doug Cardon, Greg Nygren and their team have truly built an outstanding business. For years they’ve flown under the radar, but now it’s impossible not to notice them. Not only has EcoShield become one of the largest and fastest growing pest control businesses in the world all the while boasting best-in-class customer and employee retention, but they’ve also become a clear employer of choice in this industry. Personally, I’m proud to be their advisor.”
“We absolutely love working with Paul Giannamore and his team at Potomac and highly encourage any serious business in the industry to build a relationship with Potomac right now, don’t wait another minute,” said Doug Cardon, EcoShield’s Co-President, “Potomac is not just an advisor, they are a true, long-term partner in our growth. Potomac’s global, industry rolodex is second to none and we credit them with opening doors and helping us form meaningful relationships in the industry that we value greatly. While we’ve sold businesses in the past on our own, we’ll never do it again without Paul and his team at Potomac, and that’s a fact.”
In regard to Massey, Mr. Cardon said, “It has been a wonderful experience getting to know Massey Services throughout this series of acquisitions in 2015 and 2016. They are a world-class family business providing exceptional service and have wonderful people. We know our customers and employees are in great hands with them.”
“We are pleased to welcome the EcoShield Pest Control team members and customers to the Massey Services organization,” said Harvey Massey. “We look for companies who have a reputation for exceptional customer service and EcoShield Pest Control has done an outstanding job in its commitment to total customer satisfaction.”
Paul Giannamore commented, “Massey Services really is a great organization and I have a tremendous amount of respect for their deal team, especially Jean Nowry, Ian Robinson and Clyde King. They do a superb job in making sure that the transaction is handled smoothly and professionally.”
The acquisition of these locations expands Massey Services’ presence in the Texas market. Massey currently has residential service centers in Austin, Dallas, Euless and Plano and commercial service centers in Dallas, Fort Worth, Houston and San Antonio. Headquartered in Orlando, Florida, Massey Services provides service to over 488,000 customers throughout Florida, Georgia, Louisiana, Texas, South Carolina and Oklahoma.
The Potomac Company was the exclusive valuation and M&A advisor to EcoShield Pest Control.
