SunAir Services, parent company of Middleton Pest Control,  filed its Form 10-Q for the quarter ended March 21, 2009 (the second quarter of its fiscal year) yesterday.  SunAir has been the subject of takeover speculation, having rebuffed an offer from Florida competitor Massey Services, then engaging an investment banking firm to assist in reviewing strategic options.  The report, in addition to including the financial information gives an update on its litigation with the dissident shareholder group and reported on the results of ts annual meeting.  The 10-Q reported that the nominees from the company’s board slate were all elected by … Read more

BOSTON–(BUSINESS WIRE)–Converted Organics Inc. (NASDAQ:COIN) announced today it has entered into definitive agreements with institutional investors to raise gross proceeds of $2,100,000, before placement agent’s fees and other offering expenses, in a registered direct offering. Under the terms of the transaction, Converted Organics will sell 1.5 million shares of its common stock for $1.40 per share. Investors will also receive short-term warrants for the purchase of one share of common stock for each share of common stock purchased. These warrants will be exercisable at any time on or after the date of issuance until August 14, 2009 at an exercise … Read more

Yes, you can sell your business at a fair price – even in a recession.(from LawnandLandscape.com) So you want to sell your service business, but you don’t have a clue how to value it? You’re not alone. Business valuation expert and author Chad Simmons explains how to transform those intangibles that make your company special into cold, hard cash. You’re thinking of selling your service business. The recession has hit hard and you’re sick of struggling – to turn a profit on your services. You may not be ready to sell tomorrow, but you will be in the not-too distant … Read more

DALLAS – HomeTeam Pest Defense announced today it has acquired Raburn Pest Control and Lindsey Termite and Pest Control, Inc., both of Tampa, Fla., and the assets of PestBear in Atlanta, Ga. Terms of the transactions were not disclosed. “We were attracted to these companies because of their emphasis on customer service,” said Bob Wanzer, CEO and president of HomeTeam Pest Defense. “These acquisitions offer HomeTeam an opportunity to expand in important geographic areas – something we want to continue to do. We are pleased to welcome these customers to HomeTeam.” “We’re always on the lookout for small, well run … Read more