Rentokil Steritech Acquires Fischer Environmental Services: PCO M&A Specialists acted as advisors on behalf Fischer Environmental Services.Past NPMA President and PMP Hall of Famer Bob Kunst Speaks About Selling His Pest Control Business to Rentokil Steritech: A Lifetime of Accolades and a Rewarding Career in the Pest Control Industry.
For over 40 years Bob Kunst has been an industry leader, building his firm Fischer Environmental Services into one of the industry’s most well respected firms while serving as an NPMA president, Louisiana Pest Control Association President and serving as a four time New Orleans Pest Control Association President.
Bob’s accomplishments include FMC Lifetime Achievement Award as well as becoming a PMP Hall of Famer (Class of 2010). Bob is a true statesman for the industry. A responsibility that he has always taken seriously.
Selling A Pest Control Company: Rentokil Steritech Acquires Fischer Environmental Services
M&A: The Decision to Sell to Rentokil Steritech: When we caught up to Bob to get his thoughts on how he harvested the fruits of a lifetime of hard work and what went into the sale of his company, he told us that it took great people to build his company and to help shape the industry.
He knew it would also take people with great expertise to value his company, negotiate a deal that not only maximized value but minimized taxes, manage the arduous task of buyer due diligence and navigate the legal documents specific to a pest management company sale.
While he read many articles on the subject and interviewed several brokers he became very comfortable with John P. Corrigan an attorney with PCO M&A Specialists (a division of PCO Bookkeepers). John laid out a very detailed process that included all the steps leading to a pest control company sale.
Bob quickly recognized that the pool of talent needed to move forward with the sale of his company would include a broker, a transactional/tax attorney, a CPA, and an analyst preferably with an MBA. Sounded like a lot of money and a lot of egos.
What Bob quickly realized was that PCO M&A Specialists (division of PCO Bookkeepers) had all that talent on staff who were ready to work on his deal to Rentokil – Steritech – No other broker in the industry had this depth of professional talent on staff.
The PCO M&A Specialists team negotiated hard for Bob, helped him structure a deal that exceeded his expectations and brought the deal to a very smooth conclusion, allowing him to maximize his after-tax proceeds. Dan Gordon, CPA, John’s partner sat for several days with the purchaser’s M&A team leading the very stressful due diligence process.
“Navigating this process can only go smooth with seasoned professionals like the PCO M&A Specialists team.They have assembled an outstanding team of professionals that help their clients interested in selling their businesses get maximum value. They are a team of CPAs, Analysts, MBAs and a transactional attorney ready to help. Their skill set includes determining value, marketing sellers to many buyers who have significant cash, are ready to buy, and who they have great relationships with. It’s a very powerful combination of talent that puts a seller in the driver seat. I highly recommend John and Dan and their team for anyone looking to sell their pest management firm. “
When the LEADERS of the Pest Management Industry Decide to Sell Their Businesses, They Choose the LEADERS of the Pest Management Merger and Acquisition Business to Help Them Sell their Businesses for Maximum after Tax Dollars.
We are so fortunate that we had Dan, John, Doug and the rest of the PCO M&A Specialist team to look after our interests, find us the right deal and negotiate and structure it for maximum after-tax dollars. When the time came for selling we knew that Dan Gordon, his attorney partner, John Corrigan, and their team of MBAs and CPAs would get us the best deal on all important aspects to our family. PCO M&A Specialists also did an outstanding job coordinating all the moving parts leading up to the consummation of the transaction.
The PCO M&A Specialist team did everything they said they would do for us always looking out for our best interests. We highly recommend this team of experts to any owner who’s contemplating the sale of their pest management business.
Selling a long time established family business is a huge and very emotional decision. Dan and John helped us make the decision to sell, and did a great job getting us the best offer while making sure that we minimized the tax bite. I can’t say enough about how they navigated the valuation and the tax and legal minefields in getting our deal done!
The PCO M&A Specialists team worked very closely with me to help me achieve my primary goals. Dan, John, and the entire PCO M&A Specialists team are seasoned professionals, and their expertise in the finances and unique legalities of the pest control industry resulted in a deal that went smoothly and achieved an outcome that exceeded my expectations.
The PCO M&A Specialists team are CPAs, Analysts, MBAs and a transactional attorney ready to help. Their skill set includes determining value, marketing sellers to many buyers who have significant cash, are ready to buy, and who they have great relationships with. It’s a very powerful combination of talent that puts a seller in the driver seat.
Their expertise is far reaching and multidimensional. They don’t just broker the deal, collect a commission and leave you to your own accountant or attorney who may not be familiar with how pest industry deals get done. They are a team of seasoned professionals who are ready to help.
Based on my own experience I think PCO M&A Specialists, not unlike my New Mexico applicator’s license, are #1 in delivering on their service promise. They’ve assembled an outstanding team of professionals that help clients interested in selling their businesses achieve maximum value.
I count my blessings for having been able to work with and come to rely upon such an experienced business brokerage team as PCO M&A Specialists. They did everything they said they would do with great precision and were always looking out for the best interests of my wife and me. It doesn’t get any better than that!
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