M&A Deal Summary

Rentokil Initial Acquires Presto-X-

On July 30, 2007, Rentokil Initial acquired consumer services company Presto-X- for 38M USD

Acquisition Highlights
  • This is Rentokil Initial’s 1st transaction in the Consumer Services sector.
  • This is Rentokil Initial’s 5th largest (disclosed) transaction.
  • This is Rentokil Initial’s 2nd transaction in the United States.
  • This is Rentokil Initial’s 1st transaction in Nebraska.

M&A Deal Summary
Date 2007-07-30
Target Presto-X-
Sector Consumer Services
Buyer(s) Rentokil Initial
Deal Type Add-on Acquisition
Deal Value 38M USD

Target

Presto-X-

Omaha, Nebraska, United States
Presto-X-Co. Inc. is a significant regional pest control company based in Omaha, Nebraska, USA, focused predominantly on commercial customers. Presto-X has 300 employees and operates from 21 branches within the central states of the USA including Denver, Dallas, Memphis, St Louis, Kansas City, Chicago and Oklahoma City. It is an excellent operational fit with Rentokil's existing North American operations, which operate from 56 branches, primarily across the eastern US states.

Search 200,577 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Rentokil Initial

Crawley, United Kingdom
Category Company
Founded 1903
Sector Business Services
Employees62,931
Revenue 5.4B GBP (2023)
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 Crawley, the United Kingdom.

DEAL STATS #
Overall 4 of 28
Sector (Consumer Services) 1 of 16
Type (Add-on Acquisition) 3 of 23
State (Nebraska) 1 of 1
Country (United States) 2 of 11
Year (2007) 2 of 2
Size (of disclosed) 5 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-17 Lancaster Office Cleaning

Keston, United Kingdom

Lancaster Office Cleaning Co. Ltd. is a provider of high quality cleaning and support services to the Greater London area, with a particular focus on the City, where it counts numerous blue chip companies among its client base. The company has an experienced management team and has grown revenue strongly.

Buy £19M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-28 Knightsbridge Guarding

London, United Kingdom

Knightsbridge Holdings is the 17th largest security provider in the UK . It has a strong reputation as an expert provider of high calibre, bespoke security specifically for the corporate sector.

Buy -
Mergr

Product

Company

Legal