The Potomac Company is pleased to announce the acquisition of its client, Your Pest Control Company, by Orkin. Founded in Fort Worth, Texas, in 1997, by David and Dorene Norris, Your Pest Control Company is one of the fastest-growing commercial pest control companies in the DFW metro area.
David and Dorene commented: “Clearly, as business owners, valuation is important, but equally so is our people and our customers. We chose to sell our business to Orkin because they made us feel very comfortable that our business would continue to run standalone and provide the same quality of service to our customers as we always had. They’ve lived up to their commitments to our team, our customers and us, and we are confident that we made the right decision.”
In regard to working with Potomac, David and Dorene said: “Paul Giannamore is extremely knowledgeable in the pest control arena and has excellent negotiation skills. He has extensive connections across the world and was able to bring sold, quality companies to a competitive bidding process. It was a pleasure working with Paul. We are very happy with the outcome of the acquisition and highly recommend Potomac to all our business contacts looking to sell their business.”
Paul Giannamore, managing director of Potomac’s pest control group said: “The Norris family has really built an amazing commercial pest control business. With 3-year compound annual growth rates exceeding 25%, it’s very rare to see a commercial business of this size growing so rapidly. Owners Dee and David have built a culture of growth and accountability and it shows and I am fortunate to have been able to advise them on this transaction. Further, after working with Patrick Quigley of Sales Training by Design it was amazing to see how he was able to guide management into building a commercial sales and service machine. I recommend him without hesitation.”
The entire YPCC team has joined Orkin, including shareholder Dorene Norris, who is focusing on what she likes to do best, managing and selling commercial accounts.
Paul Giannamore and Ericka Andes of The Potomac Company acted as exclusive financial advisors to the Company along with attorney Michael Stanczyk, who has worked closely with Potomac for many years on transactions with acquirers such as Orkin, Rentokil, Arrow Exterminators and Anticimex.
Patrick Quigley of Sales Training by Design was instrumental in assisting management in building one of the fastest growing commercial pest control operations in the DFW metro area.
The terms of the transaction were not disclosed.