Owners of American Pest Control Speak About Selling Their Pest Control Business
American Pest Control : A Family-Run Pest Control Business Looks Towards the Future: Douglas Wade started his pest control career over 40 years ago working initially for a nationwide operator and later a smaller operator that Doug purchased in 1994 that is known today as American Pest Control of Montgomery County, Inc. (“APC”), a company that is owned by Doug and his spouse, Becky.
Over the course of time, Doug and Becky’s children, Brian and Deana, joined the family business and helped their parents build APC into a thriving company operating from Gaithersburg to Bethesda, MD as well as the Washington D.C. metro area.
The Decision to Sell American Pest Control
Early in 2017, Doug and Becky began formulating a plan for their retirement and to do so comfortably would require them to sell APC to a third-party buyer. Doug and Becky had been approached in the past by several suitors but had never sold a business before. With Brian and Deana’s assistance, the family made a concerted effort to find an experienced business broker that could structure the best deal possible to achieve their retirement funding needs. They also sought to find a qualified buyer that would continue in their tradition of delivering great service and have a culture like their own and provide their valued
The Sale: Anticimex Acquires American Pest Control
The PCO M&A Specialists team worked closely with the family members to develop a suitable plan, an appropriate range of values, gather and produce the financial and operational information to properly market the company for sale, and ultimately structure and conclude a deal with the right buyer. In the end, Doug and Becky were able to achieve their goal and can now look towards a more comfortable retirement. Additionally, Brian, Deana, and the other APC employees have a bright future
– Thanks, Doug and Becky for allowing us to assist with your sale. We wish the entire family a great future of happiness and success!
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