Acquisition Announcement: Enviro-Safe Pest Control
NEW MILFORD, Conn. – May 29, 2024 – Cetane Associates (“Cetane”), a financial advisory and transaction firm providing M&A expertise to the home services industries, is pleased to announce that Alliance Commercial Pest Control, LLC (“Alliance”), a subsidiary of PestCo Holdings, LLC (“PestCo”), has acquired the assets of Enviro-Safe Pest Control, Inc. (“Enviro-Safe”), headquartered in Perrineville, NJ. The transaction was completed on May 21, 2024.
Enviro-Safe was founded and incorporated in 1981, by Jeff Glenn, who has remained the sole owner since its inception. The company initially offered night services and created a niche market with restaurants, soon expanding to service notable clients including schools and several diners. In 1982, Enviro-Safe gained valuable experience in roach baiting techniques while working with American Cyanamid at their Shulton facility, where Maxforce roach bait was invented. Over the years, Enviro-Safe developed expertise in pest management for supermarkets, restaurants, and warehouses. By the late 1990s, the company had implemented roach baiting techniques across all its restaurant clients, solidifying its reputation in the industry. Jeff commented, “We are delighted that Alliance and PestCo will continue providing exceptional service to our valued customers. Our sincere gratitude goes to the Cetane team for guiding us through this transaction with such care and expertise.”
Bob Williamson, Pest & Lawn Director at Cetane Associates, commented, “It was a pleasure working with Jeff through the transaction process. We wish him the best in all his future endeavors.”
Cetane served as the sole arranger for Enviro-Safe Pest Control, Inc. Cetane advised on the sale, including an initial valuation opinion, marketing the business through a confidential process, assisting in negotiating the final deal terms, and coordinating the due diligence process. Team members Bob Williamson, Barrett Conway, Duncan McMurchie, and Dalton Brooks managed the transaction.