M&A Deal Summary

Rentokil Initial Acquires Sagrip S.A.

On March 19, 2015, Rentokil Initial acquired consumer services company Sagrip S.A.

Acquisition Highlights
  • This is Rentokil Initial’s 8th transaction in the Consumer Services sector.
  • This is Rentokil Initial’s 1st transaction in Guatemala.

M&A Deal Summary

Date 2015-03-19
Target Sagrip S.A.
Sector Consumer Services
Buyer(s) Rentokil Initial
Deal Type Add-on Acquisition

Target

Sagrip S.A.

Guatemala, Guatemala
Sagrip is an independent pest control company across the growing markets of Guatemala and El Salvador. The majority of revenues are from commercial customers, such as leading international businesses in the food processing, hospitality and pharmaceutical industries. In Guatemala, Sagrip focuses on high-end commercial customers in Guatemala City. In El Salvador, it operates in the cities of San Salvador and San Miguel with a significant commercial (mostly hospitality) focus.

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Buyer(S) 1

Buyer

Rentokil Initial

Crawley, United Kingdom

Category Company
Founded 1903
Sector Business Services
Employees68,485
Revenue 5.4B GBP (2024)
DESCRIPTION

Rentokil Initial is a provider of facilities management and related services, including catering, cleaning, security, building 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, England.


DEAL STATS #
Overall 18 of 29
Sector: Consumer Services M&A 8 of 17
Type: Add-on Acquisition M&A Deals 13 of 24
Country: Guatemala M&A 1 of 1
Year: 2015 M&A 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-19 Eradico Services

Novi, Michigan, United States

Eradico is a long established and well-respected pest control provider in Michigan (population of 9.9m people, 10th largest state in the USA). Its main city operations are in Detroit. Eradico's turnover is 60% commercial and 40% residential.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-01 The Steritech Group

Charlotte, North Carolina, United States

The Steritech Group, Inc. is a provider of food safety, quality assurance and pest prevention services, and a trusted partner to many of the world’s leading brands.

Buy -