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ROLLINS, INC. COMPLETES ACQUISTION OF SAELA HOLDINGS, LLC, A LEADING PEST MANAGEMENT COMPANY
ROLRollins(ROL) Prnewswire·2025-04-02 12:15

Core Insights - Rollins, Inc. has acquired Saela Holdings, LLC, enhancing its position in the pest management industry [1][3] - Saela is recognized as the 23rd largest pest management company with over $65 million in annual revenue [1][2] - The acquisition aims to accelerate Rollins' long-term growth strategy and expand its geographical presence [3][7] Company Overview - Rollins, Inc. is a global consumer and commercial services company providing pest control services to over 2.8 million customers across multiple continents [5] - Saela, founded in 2008, operates in nine states and employs over 250 people, utilizing diverse customer acquisition strategies [2][4] Strategic Implications - The acquisition will allow Rollins to strengthen its service offerings in the Pacific Northwest, Mountain West, and Midwestern United States [3][7] - Saela will continue to operate as a standalone brand, complementing Rollins' existing portfolio [3][7] Financial Aspects - The transaction is financed through cash on hand and commercial paper, with a pro forma leverage ratio not expected to exceed 1.0x [8]