M&A Deal Summary

Interserve Acquires Rentokil Initial - Initial Facilities Business

On March 18, 2014, Interserve acquired business services company Rentokil Initial - Initial Facilities Business from Rentokil Initial for 250M GBP

Acquisition Highlights
  • This is Interserve’s 1st transaction in the Business Services sector.
  • This is Interserve’s 0th largest (disclosed) transaction.
  • This is Interserve’s 2nd transaction in the United Kingdom.

M&A Deal Summary
Date 2014-03-18
Target Rentokil Initial - Initial Facilities Business
Sector Business Services
Buyer(s) Interserve
Sellers(s) Rentokil Initial
Deal Type Divestiture
Deal Value 250M GBP

Target

Rentokil Initial - Initial Facilities Business

London, United Kingdom
Rentokil Initial - Initial Facilities Business is a provider of washroom hygiene, cleaning, integrated facilities services, and clinical waste management services in the United Kingdom.

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Buyer(S) 1

Buyer

Interserve

Reading, United Kingdom

website

Category Company
Founded 1884
Sector Business Services
Employees80,000
Revenue 3.2B GBP (2015)
DESCRIPTION

Interserve is a foremost support service and construction company, operating in the public and private sectors in the UK and internationally. It offers advice, design, construction, equipment, facilities management, and front-line public services. Interserve was formed in 1884 and is based in Reading, United Kingdom.

DEAL STATS #
Overall 2 of 3
Sector (Business Services) 1 of 2
Type (Divestiture) 1 of 1
Country (United Kingdom) 2 of 3
Year (2014) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-18 Advantage Healthcare Group

Telford, United Kingdom

Advantage Healthcare a flexible healthcare staffing business with a regional branch network. Advantage Healthcare brings together a number of nationally known BUPA-owned businesses, namely BUPA Nursing, Strand Nurses, Montpellier Health Care and Professional Healthcare Services.

Buy £27M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-19 Employment & Skills Group

Sheffield, United Kingdom

Employment & Skills Group is a provider of training services in the areas of Employment and skills for businesses and individuals.

Buy £25M

Seller(S) 1

SELLER

Rentokil Initial

Camberley, United Kingdom

website

Category Company
Founded 1903
Sector Business Services
Employees44,500
Revenue 3.7B GBP (2022)
DESCRIPTION

Rentokil Initial is a provider of offers facilities management and related services, including catering, cleaning, security, buildings mechanical and electrical engineering, and statutory compliance to commercial and government sector organizations; pest control services. Rentokil Initial was founded in 1903 and is based in Camberley, the United Kingdom.

DEAL STATS #
Overall 6 of 7
Sector (Business Services) 2 of 2
Type (Divestiture) 6 of 7
Country (United Kingdom) 5 of 5
Year (2014) 1 of 1
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-05 Grupo Bestway

Huechuraba, Chile

Grupo Bestway is a Chilean provider of pest control, hygiene and other office services, and the third largest provider of pest control services in the country. It also has a smaller, start-up operation in Colombia, mainly in Bogota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-08 Rentokil Initial - Austrian Hygiene Products Business

Austria

Rentokil Initial - Austrian Hygiene Products Business comprises Austrian hygiene products business. The asset is located in Austria.

Sell -
Mergr

Product

Company

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