October 3, 2012 – Atlanta-based pest control company Orkin LLC, a wholly-owned subsidiary of Rollins Inc (NYSE: ROL), announced that it has acquired eight North & Central Florida locations from Hulett Environmental Services, Inc., based in West Palm Beach, Florida. The purchased branches are in Orlando, Daytona Beach, Sarasota, Oviedo (East Orlando), Tampa Bay, Lake County, Melbourne, and Kissimmee.
Revenue for the acquired branches exceeds $8 million, and the transaction was for an undisclosed sum. Other Hulett branches in South Florida will remain with the Hulett family and are not a part of this transaction.
“We have respected Liz and Tim Hulett and their pest control company for a long time,” said John Wilson, Orkin USA president. “The Huletts and their employees have built a business over the past 40 years that enjoys a great reputation in residential, commercial and termite control services across the state. We are extremely pleased to have reached this agreement.”
Tim Hulett, president and owner of Hulett Environmental Services, said, “While this was a difficult decision, we believe that by narrowing the company’s footprint, we can concentrate better on growing our South Florida business. This move also allows me to spend more time with my family, which is very important to me.”
Hulett Environmental Services was established in 1968 in West Palm Beach, Florida. With 2011 revenues exceeding $35 million, Hulett is a leading provider of pest control and lawn care services in Florida. The acquired branches will transition to the Orkin name in a suitable timeframe for employees and customers.