MONTREAL, Aug. 13, 2013 /CNW Telbec/ – Orkin Canada today announced that it has acquired the assets of Randex Inc., a pest control company located in Saint-Bruno, QC. Randex specializes in pest prevention and pest control services, serving multiple cities across the province of Quebec. Randex owns various pest control websites such as “Environlogique Extermination”.
“If you are in the pest control business, there is no better company to sell too.” commented Jacques Tremblay, Randex Inc.’s founder and president. “The management team at Orkin truly made the process easy and straight forward, making the transaction a pleasure to negotiate”.
The acquisition of Randex expands Orkin’s existing business in Quebec, which provides residential and commercial pest-control services. Randex will complement Orkin by allowing access to its extensive client list in Quebec, effective management team and their high level of Internet exposure through their websites. This will build on Orkin’s existing presence in the market and position them well for the future in Quebec.
IJW Management Inc. acted as the exclusive M&A advisor to Randex Inc. in its sale to Orkin Canada.
About Orkin Canada (www.orkincanada.com)
Orkin Canada, formerly Orkin PCO Services, is Canada’s largest pest control provider and leader in the development of fast, effective and environmentally responsible pest control solutions. Orkin Canada provides professional services to both commercial and residential clients from coast to coast.
About Randex Inc.
Established in 2004, Randex Inc. has been serving the Montreal, South Shore and Quebec regions, providing pest prevention and control services. The Company was founded by Mr. Jacques Tremblay and Alexandre Mondou.
About IJW Management Inc. (www.ijw.ca)
IJW Management Inc. is a Canadian based corporate finance boutique, providing strategic advice on mergers and acquisitions, corporate finance, and business valuation to mid-market companies. Founded in 2004, IJW has since become one of the fastest growing corporate finance boutiques headquartered in Montreal, Canada. The firm specializes in advising companies with enterprise values between $5 million and $50 million.
SOURCE IJW Management Inc.
For further information:
National Marketing Manager
T. 905 502 9700 EXT. 2811
Corporate Finance and M&A Analyst
IJW Management Inc.
T. 514 685 8047 EXT. 102