Topic: Rentokil Terminix — an Exclusive Integration Update
Guests: John Myers, CEO, U.S. Pest Control, and Brett Ponton, CEO, Rentokil Terminix
In this episode we discuss:
How the largest acquisition deal ever done in the pest control industry is now officially complete and has moved into the integration phase
Why the integration is taking place over a three-year span
The plan for combining the Terminix and Rentokil brands with the 80-plus other brands under the umbrella
The strategic benefits of the merger, according to John Myers
The challenges they are facing as they become the largest pest control company ever
"Wins" they're seeing so far in operations and IT
The synergies they anticipate between the two companies
How Terminix franchises will be incorporated
John's take on what the company's M&A plan will look like in 2023
Brett's take on private equity in the pest control industry
PMP Industry Insiders Podcast Episode 74: Terminix/Rentokil Update: An Exclusive Sit-Down with John Myers
Notable: "These are once-in-a-career opportunities. I shared with our leadership team, 'You're never going to work as hard as you're going to work over the next three years, but you're never going to feel more rewarded once you see the end product like we're going to feel three years from now." —Brett Ponton
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