Divestiture • Consumer Services

Rollins Acquires HomeTeam Pest Defense

On April 3, 2008, Rollins acquired consumer services company HomeTeam Pest Defense from Centex for 137M USD

Acquisition Context
  • This is Rollins’ 2nd transaction in the Consumer Services sector.
  • This is Rollins’ 2nd largest (disclosed) transaction.
  • This is Rollins’ 3rd transaction in the United States.
  • This is Rollins’ 1st transaction in Texas.

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M&A Deal Summary

Date April 3, 2008
Target HomeTeam Pest Defense
Sector Consumer Services
Buyer(s) Rollins
Sellers(s) Centex
Deal Type Divestiture
Deal Value 137M USD

Target Company

HomeTeam Pest Defense

Dallas, Texas, United States
HomeTeam Pest Defense, Inc. provides pest management services for homeowners, homebuilders, and commercial buildings in the United States.
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Buyer Overview 1

Buyer

Rollins

Atlanta, Georgia, United States

Category Company
Founded 1948
Sector Consumer Services
Employees20,000
Revenue 3.4B USD (2024)
DESCRIPTION
Rollins' corporate headquarters in Atlanta, Georgia.
Rollins' corporate headquarters in Atlanta, Georgia.

Rollins is an international service company providing pest and termite control services through its wholly-owned subsidiaries to both residential and commercial customers in North America and Australia with international franchises in Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa and Mexico. Rollins was founded in 1948 and is based in Atlanta, Georgia.


Deal Context for Buyer #
Overall 3 of 25
Sector: Consumer Services 2 of 21
Type: Divestiture 1 of 2
State: Texas 1 of 1
Country: United States 3 of 16
Year: 2008 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-04 The Industrial Fumigant Co.

Lenexa, Kansas, United States

The Industrial Fumigant Co., LLC was recognized as a premier pest management company serving the Food and Commodity Industries and ranked as the 24th largest company in the industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-06 Crane Pest Control

San Francisco, California, United States

Crane Pest Control, Inc. is a provider of advanced pest management, serving Northern California and the Reno/Tahoe Basin. Crane Pest Control's primary service is commercial pest control and its existing business complements.

Buy -

Seller Profile 1

SELLER

Centex

Dallas, Texas, United States

Category Company
Founded 1950
Sector Construction
Employees2,463
DESCRIPTION

Centex Corp. is a home builder serving the Southern US markets.


Deal Context for Seller #
Overall 1 of 1
Sector: Consumer Services 1 of 1
Type: Divestiture 1 of 1
State: Texas 1 of 1
Country: United States 1 of 1
Year: 2008 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-03-07 Selective Group The

Farmington, Michigan, United States

Selective Group, The is a provider of construction and engineering services.

Buy -