HomeTeam Acquires Arrow Operations in Las Vegas
DALLAS, May 8, 2007 – HomeTeam Pest Defense has acquired the assets of the Las Vegas, Nevada
business operation of Arrow Exterminators, Inc. In return, HomeTeam Pest Defense
sold the assets of its Dalton, Georgia operations to Arrow. This marks the 29th
acquisition within the last three years for HomeTeam.
"Las Vegas was attractive to us because it increases our presence in a strong
home building market and fits our strategic objective of purchasing companies
for tuck-in capabilities in high-growth areas," says Rob Swartz, Chairman
and CEO at HomeTeam.
For the past 10 years, HomeTeam has embarked on a solid acquisition campaign. HomeTeam
is now the third largest residential pest control company in the U.S. and the
largest serving home builders. In addition to pest control and termite protection
services, HomeTeam sells, installs and services the Taexx® built-in pest control system, an innovative network of small distribution lines
installed in designated walls during home construction. These lines are perforated
and linked to patented, locked service ports on the exterior of the home, so
professional HomeTeam service technicians can distribute pest control materials
from the outside.
As part of the agreement, Las Vegas Arrow employees were offered positions with HomeTeam
and the Dalton HomeTeam employees were offered positions with Arrow Exterminators.