Beaverton, Oregon – The Aust Group is pleased to announce the most recent acquisition of their client, Pest Solutions to Terminix (TMX).

Eric Ufer founded Pest Solutions in 2011 after seeing the need for quality and dependable pest control services firsthand as a rental property owner. Pest Solutions was formed with the mission of solving pest problems while utilizing technology and integrated pest management methodologies. Eric and his team adopted the slogan, “Green As Can Be” to emphasize their eco-friendly approach to pest management. After a decade in the industry, Eric built Pest Solutions into one of the leading commercial pest control operations in the greater Portland, Oregon area with several landmark accounts including many municipalities and cities. Eric and his staff are excited to join the Terminix team and be part of the growth opportunity in the Pacific Northwest.

Eric Ufer, Founder and President/CEO of Pest Solutions, said, “When I decided I wanted to explore selling my company, it just made sense for me to utilize The Aust Group. They learned our company inside and out and were able to tell our story extremely well. The Aust Group brought numerous purchasers to the table, managed the sales process well, kept me on task, maximized my opportunity, and made the process enjoyable. Their team’s knowledge, passion to do the right thing, and the assistance they give their clients maximized the purchase price I received. I highly recommend The Aust Group. They are the team you want on your side when you are selling your company.

Stuart Aust, Principal of The Aust Group, said, “Congratulations to Eric Ufer, Pest Solutions, and Terminix on this acquisition. It was an honor to represent Eric in the sale of his business, and we are confident that Pest Solutions will be a strong catalyst for growth in the Portland market.”

The Aust Group represented Pest Solutions as the exclusive financial advisor on the transaction. The transaction closed on March 15th, 2021 and the terms of this transaction were not disclosed.

Continue ReadingTerminix Acquires Pest Solutions

Clarkston, Washington – The Aust Group is pleased to announce the most recent acquisition of their client, Valence Pest Control dba Sun Pest Management to Senske Services.

Sun Pest Management, a general pest control company based out of Clarkston, WA, was formed in 1969 by Marvin Jackson. In 2005, Jackson sold the business to Russ and Jenny Craber. Sun Pest Management currently operates in Southeastern Washington, Northern Idaho, and Northeastern Oregon. Sun Pest Management also offers weed control and lawn care to both residential and commercial clients.

Russ Craber, Owner of Sun Pest Management, said, “The Aust Group has the know-how to put together a top-notch presentation, the connections to get you in front of viable sellers, and will definitely put in the hours necessary to close your deal.”

Stuart Aust, Principal of The Aust Group, said, “We are excited for Russ and Jenny Craber and the Sun Pest Team on the acquisition by Senske Services, as we feel this is a great fit for both parties.”

The Aust Group represented Sun Pest Management as the exclusive financial advisor on the transaction. The transaction closed on March 1st, 2021 and the terms of this transaction were not disclosed.

Continue ReadingSenske Services Acquires Sun Pest Management

Orange, Connecticut – The Aust Group is pleased to announce the most recent acquisition of their client, Connecticut Pest Elimination Inc. known as CT Pest Elimination to Orkin.

Michael and Mary Ann Lipsett formed CT Pest Elimination Inc. in 1990 and scaled their business to become the largest privately held pest control operation in Connecticut. The owner, Michael has been involved in several industry organizations with board seats on both Connecticut Pest Management Association (CPMA) and Connecticut Coalition Against Bed Bugs (CCABB).

CT Pest Elimination employs 60 employees and averages 40 vehicles on the road daily. They are members of National Pest Management Association (NPMA) and Connecticut Pest Management Association. CT Pest Elimination looks forward to growing their operation into new markets through their partnership with Orkin.

Michael Lipsett, Founder and President of CT Pest Elimination, said, “Working with The Aust Group was the best decision we could have made for brokering our business. They were so professional and spent a lot of time preparing us for the sale in advance. The deal could not have gone any smoother. Thank you to The Aust Group for a job well done.”

Stuart Aust, Principal of The Aust Group, said, “It was an honor and a pleasure to represent Michael and Mary Ann throughout the acquisition process. We feel this acquisition serves as a great fit for both parties and are excited to see the future growth of Connecticut Pest Elimination with the Orkin team.”

The Aust Group represented CT Pest Elimination as the exclusive financial advisor on the transaction. The transaction closed on January 18, 2021 and the terms of this transaction were not disclosed.

Continue ReadingOrkin Acquires Connecticut Pest Elimination Inc.