Rollins Just Paid $95.7 Million for a 200-Person Pest Control Company in Utah
19 October 2026 · 6 min read

Rollins, Inc. — the parent company of Orkin, HomeTeam Pest Defense, and several other pest control brands — closed its acquisition of Romex Pest Control, LLC on April 1, 2026, according to the company's SEC filings. Rollins' second-quarter 10-Q put the final purchase price at $95.7 million for 100% of the company, funded through a combination of cash on hand and borrowings under Rollins' commercial paper program. An earlier first-quarter filing had described the deal as roughly $90 million, subject to post-closing adjustments, plus up to $10 million in contingent consideration tied to Romex's future growth and profitability — the kind of earn-out structure common in service-industry acquisitions where some of the price depends on performance after the deal closes.
Who Romex Pest Control actually is
According to Rollins' own press release announcing the deal, Romex is based in Pleasant Grove, Utah, founded in 2016, and employs more than 200 people serving residential and commercial customers across four states. The release describes Romex as a "top 40" pest management company according to the PCT 100 rankings — the pest control trade publication's annual ranking of the largest companies in the industry by revenue. Rollins has said Romex will keep operating under its existing brand name rather than being folded into Orkin or another Rollins brand, a common approach for larger pest control acquirers when the acquired company already has strong regional brand recognition.
What the deal actually contributed financially
Rollins' 10-Q for the quarter ended June 30, 2026 — the first full quarter after the deal closed — reported that Romex contributed $10.2 million in revenue and $0.8 million in net earnings during that period. Rollins CEO Jerry Gahlhoff described the acquisition as contributing to the company's long-term growth strategy in new regions across the United States, and the Potomac Company (advisors Paul Giannamore and Franco Villanueva-Meyer) served as Romex's exclusive financial advisor on the transaction.
Why this matters beyond one transaction
Acquisitions like this one are a core part of how the largest pest control companies grow. In its second-quarter 2026 earnings commentary, Rollins management reiterated that acquisitions are expected to contribute roughly 2 to 3 percentage points of overall revenue growth for the year, separate from organic growth at existing locations. That's a meaningful share of total company growth coming specifically from buying established regional and local operators like Romex, rather than purely opening new branches or winning new customers at existing ones. It's also a pattern that reflects something true about the pest control industry structurally: it remains highly fragmented, with a large number of independent regional operators alongside a handful of major national players, and buying up well-run regional businesses is one of the more efficient ways for a large company to expand into new territory quickly, inheriting an established local reputation and trained technician base rather than building one from scratch.
- Rollins, Inc. closed its acquisition of Romex Pest Control, LLC on April 1, 2026, for a final price of $95.7 million according to its Q2 2026 SEC filing.
- Romex is based in Pleasant Grove, Utah; founded in 2016; employs over 200 people across four states; and ranks in the PCT 100's top 40 pest management companies by revenue.
- Romex contributed $10.2 million in revenue and $0.8 million in net earnings to Rollins in the quarter ended June 30, 2026, and will keep operating under its existing brand name.
- Rollins expects acquisitions broadly to contribute 2-3 percentage points of its overall revenue growth for 2026, separate from organic growth.
- The deal illustrates a structural feature of the pest control industry: it remains fragmented, and acquiring established regional operators is a standard growth strategy for the largest national players.
Industry consolidation like this doesn't change what actually matters for a homeowner choosing a provider — the quality and thoroughness of the inspection and treatment itself. A free Sevacorp inspection is a good way to see that in practice before committing to any provider.
- Sources:
- Rollins, Inc. — Form 10-Q for the quarter ended June 30, 2026 (SEC EDGAR) — https://www.sec.gov/Archives/edgar/data/0000084839/000008483926000040/rol-20260630.htm
- Rollins, Inc. — Form 10-Q for the quarter ended March 31, 2026 (SEC EDGAR) — https://www.sec.gov/Archives/edgar/data/0000084839/000008483926000022/rol-20260331.htm
- Rollins, Inc. — "Rollins Acquires Romex Pest Control" (investor press release) — https://rollins.com/investors/press-releases/detail/429/rollins-acquires-romex-pest-control
- Pulse 2.0 — "Rollins: Pest Control Company Acquires Romex Pest Control To Expand U.S. Footprint" — https://pulse2.com/rollins-pest-control-company-acquires-romex-pest-control-to-expand-u-s-footprint/
- My PMP (Pest Management Professional) — "Rollins to Acquire Romex Pest Control" — https://www.mypmp.net/rollins-to-acquire-romex-pest-control/
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