Somerset Termite & Pest Control
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Somerset Termite & Pest Control - overview
Location
-, KY, US
Primary Industry
Chemicals
About
Somerset Termite & Pest Control provides comprehensive pest management solutions, specializing in eliminating infestations for both residential and commercial clients while ensuring safe environments through expert services and tailored pest control strategies. Somerset Termite & Pest Control focuses on pest management for both residential and commercial properties. The company was acquired by Anticimex, a portfolio company of EQT, in March 2016. The headquarters is located in Somerset, US.
The firm has participated in one deal as an investment target, with the most recent deal date being March 1, 2016. Somerset Termite and Pest Control specializes in pest management solutions, offering a comprehensive range of services designed to address various pest issues faced by residential and commercial clients in diverse geographical markets, including Lake Cumberland and beyond. Their core offerings include quarterly, monthly, and one-time pest control services, termite pre-treatment for new construction, and real estate inspection reports. These services aim to mitigate pest infestations, ensure safe living and working environments, and facilitate property transactions.
The company caters to a diverse client base, including homeowners, property managers, and real estate professionals, ensuring that their pest control needs are met with experienced and certified technicians. By providing free estimates and tailored pest management solutions, Somerset Termite and Pest Control demonstrates a commitment to customer satisfaction and effective pest control. The company generates revenue through its suite of pest control services, which are billed primarily on a service-fee basis. Clients typically engage Somerset Termite and Pest Control for either ongoing pest management contracts or specific one-time services, such as inspections and pre-treatments for new constructions.
The structure of these transactions allows the firm to establish long-term relationships with clients who may opt for quarterly or monthly service plans or make individual payments for specific services as needed. The pricing plans are designed to be accessible, catering to various customer segments, including homeowners and commercial properties, while ensuring that all pest control needs are effectively addressed. These plans contribute to a steady revenue stream by fostering repeat business and referrals within the community. Somerset Termite & Pest Control aims to expand its service offerings and geographic presence.
The company is working on new pest control solutions tailored for specific regional pests, with plans to launch these products by late 2023. Furthermore, there are targeted efforts to penetrate additional markets in the Midwest and Southeastern US by 2025. The acquisition by Anticimex in March 2016 is expected to provide resources necessary for these growth initiatives.
Current Investors
Anticimex International AB
Primary Industry
Chemicals
Sub Industries
Consumer Services, Agricultural Chemicals
Website
www.somersettermiteandpestcontrol.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Somerset Termite & Pest Control - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Somerset Termite & Pest Control | - |
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