Orkin Acquires Portions of Hulett Environmental Services

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Oct 02, 2012, 04:51 ET

ATLANTA, Oct. 2, 2012 /PRNewswire/ -- Atlanta-based pest control leader Orkin, a wholly-owned subsidiary of Rollins Inc (NYSE: ROL),announced that it has acquired eight North Florida locations from Hulett Environmental Services Inc., based in West Palm Beach, Fla. 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, Fla. 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.

About Orkin, LLC

Founded in 1901, Atlanta-based Orkin is an industry leader in essential pest control services and protection against termite damage, rodents and insects in the United States, Canada, Europe, South America, Central America, the Middle East, the Caribbean, Asia, the Mediterranean and Africa. With more than 400 locations, Orkin's almost 8,000 employees serve approximately 1.7 million customers. The company serves homeowners and numerous industries, including food and beverage processing, foodservice, hospitality, healthcare, retail, warehousing, property/facilities management, schools and institutions. Orkin is proud to be recognized by the National Pest Management Association as a QualityPro and GreenPro-certified company, addressing not only our customer's pest control needs, but also their concern for protecting the environment. Learn more about Orkin at http://orkin.com. Orkin is a wholly-owned subsidiary of Rollins Inc. (NYSE: ROL).