LOCUST, N.C. During their fourth annual food drive, the team at City Wide Exterminating worked together to provide nearly 165 pounds of nonperishable items for the food pantry at West Stanly Christian Ministries.
West Stanly Christian Ministries provides food and other assistance to families in need throughout the area all year long. They have an ongoing list of items needed each month, so the City Wide team holds an annual food drive to help stock their shelves. In turn, City Wide Exterminating also matches the donations received up to $500 annually.
“It’s become an integral part of who we are here at City Wide. Our team is driven to make a difference in the communities we serve and this is just one of the ways we can have an impact,” president Ashley Morrison says. “Thanks to the generosity of our team, clients, civic organizations, and churches rallying with us, we’ve been able to continue the food drive and provide the food pantry with a full match for four years i
Since the Great Financial Crisis investors have increasingly bid up the price of pest control stocks like Rollins, Rentokil and Terminix which has dramatically impacted the valuation of privately held pest control firms.
Valuations for acquisition targets first peaked in 2019, only to see them skyrocket to new heights in late 2020 and early 2021 as a result of tremendous monetary and fiscal stimulus.
In 2021, increasing federal debt levels, potential tax law changes and rising inflation may soon impact valuations across all industries, including pest control. Many owners are wondering what this will mean for their business. How does it affect valuation and exit opportunities? Senior executives and M&A directors of the largest pest control companies in the world will be joining Potomac to share their thoughts on M&A specific to your region.