The Pest Control Division of Citron Hygiene has been acquired by Terminix
The pest control business of Citron Hygiene, based in Ontario, Canada, has been acquired by Terminix, it was announced on May 19, 2021. The transaction closed on April 30, 2021. The acquisition increases Terminix’s global footprint and secures key market share in Canada.
The teammates and assets included in the acquisition span across four Canadian provinces, the United Kingdom and Boston, Massachusetts. This acquisition will bring about 65 new teammates to Terminix, adding geographic density in the Canadian pest control market, and making Terminix Canada the third largest pest management company in the country.
Mark Duxbury of Citron said, “We are grateful to the employees of our pest control division for their years of service and dedication. Joining a pure play pest control business will no doubt give them the support and focus to provide the best possible service for those customers.”
The Citron pest control team has demonstrated an excellent customer retention rate, a result of their expertise and commitment to service excellence. These teams, who primarily service commercial customers, will largely be based out of existing Terminix locations and will soon go to market under the Terminix brand.
“We are thrilled that the amazing team from Citron is joining Terminix,” said Doug Hart, vice president of International Operations at Terminix. “When we enter into partnerships to buy businesses, we look for a team with passion for providing excellent customer service, leaders who are dedicated to their teammates, and customers who love their pest control provider. Citron’s pest control division has all three of those qualities and we couldn’t be more excited to welcome them.”
LR Tullius represented and acted as exclusive financial advisor to Citron on the transaction.