Gregory Pest Solutions acquired ARMS Pest Management, a client of the Aust Group, as part of an asset purchase agreement. The Aust Group, a mergers and acquisitions/consulting firm that specializes in the pest control and other service industries, represented ARMS as the exclusive financial advisor on this transaction.
ARMS Pest Management is based out of Summerville, S.C. Kenneth Tietze, the owner of ARMS, formed the company in 2013. He and his wife, Billiejean, have grown the company over the past several years with a high concentration of their customers in the North Charleston, S.C., area.
In a news release, Kenneth and Billiejean noted, “We couldn’t imagine the sale of our business being so seamless and enjoyable without the Aust Group as our financial advisor. They were able to identify a company in Gregory Pest Solutions that matched our culture and had the same passion for quality service. It brought us a great sense of confidence and peace knowing that the Aust Group had gone through the process of selling their own pest control company. The team was committed, responsive, and proved to be extremely valuable by delivering on their promises to us. While the Aust Group provided an excellent transactional service in a timely manner, we are grateful to have gained lifelong friends in Stuart and his team.”
Regarding ARMS and the transaction, Stuart Aust, founder of the Aust Group and a PMP contributor, comments, “I’m delighted for our clients Kenneth and Billiejean Tietze of ARMS Pest Management. I was impressed by the company they built and how they handled the acquisition. This is a natural fit for both parties, and ARMS is excited to join the Gregory Pest Solutions team.”