Rollins Acquires Fox Pest Control

ATLANTA –  Rollins announced the acquisition of Fox Pest Control. Headquartered in Logan, Utah, Fox employs more than 1,300 employees. The company ranked 13th on PCT's most recent Top 100 list.

Founded in 2012, Fox provides services for residential customers across 13 states. In addition to door-to-door marketing services, the company has expanded through digital channels.

Fox was recently recognized on the Inc. 5000 list as one of the fastest growing private companies in America. 

"In addition to providing HomeTeam with an efficient entry point to new markets, we provide the team at Fox Pest Control with new services to offer to their existing customers," said Jerry Gahlhoff, Jr., Rollins president and CEO. "The highly complementary nature of the acquisition will provide both brands with new avenues of growth across several regions."

The transaction is valued at $350 million, including $32 million of contingent payments based upon the attainment of future growth and profitability levels. Fox had annual revenues in excess of $120 million in 2022. Rollins intends to provide more information on this transaction during its first quarter earnings conference call later this month.

Fox had annual revenues in excess of $120 million in 2022. Rollins intends to provide more information on this transaction during its first quarter earnings conference call later this month. 

"Culturally, HomeTeam was an obvious fit for Fox. Our long-standing relationship with the good people of the Rollins organization has been a blessing to our company, and we were mindful of that when pursuing this opportunity," said Mike Romney, co-founder of Fox Pest Control. "We are excited to gain the benefits of HomeTeam's expertise in the industry as well as its track record of excellence." 

Dan Gordon and the team at PCO M&A Specialists, a division of PCO Bookkeepers, acted as exclusive financial advisors to Fox on the transaction.