M&A Deal Summary

Rockit Pest Acquires Petri

On January 18, 2023, Rockit Pest acquired consumer products company Petri

Acquisition Highlights
  • This is Rockit Pest’s 1st transaction in the Consumer Products sector.
  • This is Rockit Pest’s 3rd transaction in the United States.
  • This is Rockit Pest’s 2nd transaction in Florida.

M&A Deal Summary

Date 2023-01-18
Target Petri
Sector Consumer Products
Buyer(s) Rockit Pest
Deal Type Add-on Acquisition
Advisor(s) LR Tullius, Inc. (Financial)

Target

Petri

Boynton Beach, Florida, United States
website
Petri is a provider of pest control solutions for over 60 years in Broward and Palm Beach counties Florida. The company's mission is to create a continually expanding, satisfied customer base by delivering expert quality service that people can depend on for their homes and businesses. Petri was formed in 1956 and is based in Boynton Beach, Florida.

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Buyer(S) 1

Buyer

Rockit Pest

Cayce, South Carolina, United States

website


Category Company
Founded 2021
Sector Business Services
DESCRIPTION

Rockit Pest is focused on acquiring and operating regional pest control companies. Rockit Pest provides capital solutions to pest control operators looking for either an ownership transition or to partner with a group of experienced executives to accelerate growth and help build a top-flight pest control company. Rockit Pest was founded in 2021 and is based in Cayce, South Carolina.


DEAL STATS #
Overall 3 of 4
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (Florida) 2 of 2
Country (United States) 3 of 4
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-30 Home Pest Control

Cayce, South Carolina, United States

Home Pest Control offers comprehensive and environmentally safe pest control solutions to customers throughout South Carolina. Home Pest Control is based in Cayce, South Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-08 Adam s Pest Control

Medina, Minnesota, United States

Adam's Pest Control is a pest control services company that has served Palm Beach, Martin, Saint Lucie, and Indian River counties. Adam's Pest Control was founded in 1971 and is based in Medina, Minnesota.

Buy -