Arrow Exterminators Acquires Tampa Pest & Lawn Care Company

ATLANTA, Ga. – Atlanta-based Arrow Exterminators announces the acquisition of Top Notch Pest Control of Tampa, located on the Gulf Coast of Florida. Top Notch is a full service company, specializing in residential and commercial pest control, termite control, and lawn and ornamental services. This is Arrow’s 95th acquisition since 1988. Company owners Michael and Mary Carli have over 35 years combined experience in the pest control industry.  The family values and similar culture were the main reason Top Notch owners were interested in a merger with Arrow Exterminators. “At Top Notch Pest Control, we are passionate about our customers … Read more

Tax Increases Will Change the Economics of Business Sales

The Bush era capital gains tax reduction expires December 31, 2010.  The top capital gains tax rates will rise from 15% to 20%.  Any relief from this tax increase seems highly unlikely anytime soon given the federal deficit and political trends. In addition, the health care reform bill made some tax changes tat will also affect business sellers, beginning in 2013.  First, the act increased federal income tax rates for individuals earning over $200,000 and couple earning over $250,000 by .9%.    The act also provides for a new tax on investment income above those same levels of 3.8%.  The proceeds … Read more

Yellowstone’s Bio Expands in Dallas with Add-on Acquisition

Gridiron Capital, LLC announced the acquisition of Forest Hills Lawn Service, Inc. (Forest Hills) by its portfolio company, Yellowstone Landscape Group, Inc. (Yellowstone) on July 13, 2010. Based in Dallas, TX, Forest Hills provides landscape maintenance services primarily focused on municipal and governmental accounts. Forest Hills will become part of BIO Landscape & Maintenance, Inc. (BIO), a wholly-owned subsidiary of Yellowstone. With the acquisition of Forest Hills, BIO now serves 21 counties with a combined workforce of over 500 professionals throughout Texas. The transaction marks the third addition to BIO over the last year. In October of 2009, BIO acquired … Read more

Report Shows Increased Business Succession Activity

BizBuySell has released its second quarter 2010 Insight Report reflecting increased business succession activity. According to the report, the number of closed transactions in the second quarter rose significantly, 6.3 percent, as compared with the same time period in 2009 — from 1,040 transactions to 1,106.The market is continuing to improve, making it a good time to list a business for sale. “It’s encouraging to see ongoing recovery in the business-for-sale marketplace,” commented Mike Handelsman, general manager of BizBuySell.com. “The market is continuing to improve, making it a good time to list a business for sale.”While transaction volume is up … Read more

Rollins to Acquire Waltham Services

ATLANTA, July 13 /PRNewswire-FirstCall/ — Rollins, Inc. (NYSE: ROL) a premier international consumer and commercial services company, today announced that it has signed a definitive agreement to acquire Waltham Services, Inc.  The acquisition is expected to close by the end of July 2010. Waltham Services, Inc. was established in 1893 in Waltham, Massachusetts. Waltham Services with annual revenues exceeding $17 million is a leading provider of advanced pest management, serving New England and New York. Waltham’s primary service is commercial and residential pest control. Following the acquisition, Waltham will operate independently to preserve its successful brand and loyal customers.  Prior … Read more