River Edge, N.J.-based Excel Pest Services has acquired Regent Pest Control, headquartered in Union, N.J. The deal closed on Dec. 18, 2020.
Founded in 1988 by Richard Pavone, Regent Pest Control offers general pest and rodent control services to more than 1,000 homes and commercial businesses in Union County, Morris County and surrounding counties. Regent is also a member of the National Pest Management Association (NPMA) and the New Jersey Pest Management Association (NJPMA).
“Every step of the way, The Aust Group skillfully facilitated the transaction between our company and the buyer. We are confident to know our business is remaining in good hands with the acquisition by Excel,” Pavone said. “Of notable significance was the valuable pre-market advice from The Aust Group, which helped maximize the value of our business when we made the decision to sell.”
Sam Hagopian, President and CEO of Excel Pest Services, said, “The strategic acquisition of Regent Pest Control allows us to more rapidly build customer density and scale in one of our premium markets.” The acquisition of Regent Pest Control marks Excel’s second acquisition of 2020.