Business
ROLLINS, INC. COMPLETES ACQUISTION OF SAELA HOLDINGS, LLC, A LEADING PEST MANAGEMENT COMPANY
Rollins, Inc. (NYSE:ROL) ("Rollins"), a premier global consumer and commercial services company, today announced that it has acquired Saela Holdings, LLC ("Saela" or the "Company"). Saela employs more than 250 teammates and is headquartered in Orem, Utah. The Company ranks as the 23rd largest pest management company according to PCT 100 rankings with over $65 million in annual revenue. Additional transaction details will be disclosed during Rollins' first quarter 2025 earnings conference call.
About this update from Rollins, Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"Highly complementary end market exposure that provides strategic growth opportunities","length":85,"tagName":"p"}]},{"val":[{"type":"text","content":"Transaction financed through cash on hand and commercial paper ","length":62,"tagName":"p"}]},{"val":[{"type":"text","content":"Pro forma leverage ratio not expected to exceed 1.0x","length":52,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":199,"olType":false},{"type":"text","content":"ATLANTA, April 2, 2025 /PRNewswire/ -- Rollins, Inc. (NYSE:ROL) ("Rollins"), a premier global consumer and commercial services company, today announced that it has acquired Saela Holdings, LLC ("Saela" or the "Company"). Saela employs more than 250 teammates and is headquartered in Orem, Utah. The Company ranks as the 23rd largest pest management company according to PCT 100 rankings with over $65 million in annual revenue. Additional transaction details will be disclosed during Rollins' first quarter 2025 earnings conference call.","length":571,"tagName":"p"},{"type":"image","alt":"Rollins Logo (PRNewsfoto/ROLLINS, INC.)","displaySize":"","headline":null,"caption":"Rollins Logo (PRNewsfoto/ROLLINS, INC.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":203,"url":"https://media.zenfs.com/en/prnewswire.com/4b6e866ecf7082f284d3217ac29fd1ed"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/UTlansenPEYRORFdSZvP4w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM1ODtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/4b6e866ecf7082f284d3217ac29fd1ed","width":400,"height":203}},"href":"https://mma.prnewswire.com/media/2257900/Rollins_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Founded in 2008, Saela provides services for both residential and commercial customers across nine states. The Company has a diversified approach to customer acquisition, deploying traditional inside sales teams, technician sales efforts, as well as door-to-door marketing services. Saela has been recognized on the Inc. 5000 list as one of the fastest growing private companies in America.","length":390,"tagName":"p"},{"type":"text","content":""The acquisition of Saela will accelerate our long-term growth strategy and expand our presence in key geographies, including the Pacific Northwest, Mou...