ExitValue.ai

M&A TRANSACTION · 2023

FPC Holdings, LLC (Fox Pest Control) acquired by Rollins, Inc. (HomeTeam Pest Defense)

$350.0M· 17.5x EBITDA· 2.92x revenue

Target

FPC Holdings, LLC (Fox Pest Control)

Logan, UT

Fast-growing residential pest management company. 13th largest pest management company per PCT 100 rankings. Founded 2012. Services across 13 states.

Acquirer

Rollins, Inc. (HomeTeam Pest Defense)

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$120.0M

EBITDA

$20.0M

Deal Value

$350.0M

EV/EBITDA

17.5x

Context

This $350.0M acquisition of FPC Holdings, LLC (Fox Pest Control) by Rollins, Inc. (HomeTeam Pest Defense) sits in the pest control sub-vertical. The 17.5x EBITDA multiple paid in 2023 can be compared against the population median for pest control transactions of similar size on our Pest Control valuation hub. Rollins, Inc. (HomeTeam Pest Defense) is acquiring as a strategic buyer; see how strategic acquirers typically price pest control businesses on our Pest Control strategic buyer-pool page.

Source

Data sourced from Rollins press release / SEC filingprimary source. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology

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Citation: ExitValue.ai. (2023). FPC Holdings, LLC (Fox Pest Control) acquired by Rollins, Inc. (HomeTeam Pest Defense). https://exitvalue.ai/deals/fpc-holdings-llc-fox-pest-control-acquired-by-rollins-inc-hometeam-pest-defense-electrical-p