In early January 2015, the Scotts LawnService closed the acquisition of Action Pest Control.
On October 16, 2014, Potomac’s client, Scotts LawnService entered into a definitive agreement to acquire the assets of Action Pest Control, Inc., a residential and commercial pest control provider in the Midwest for $22.7 million. The initial purchase price accounting for the Action Pest acquisition will be determined during the first quarter of fiscal 2015.
Action Pest Control of Evansville Ind., ranked 56th on the 2014 PCT Top 100 list, with annual revenues of $11.6 million.
