Corporate Acquisition Transactions

Wilson Pest Control Of Winston Salem, North Carolina

(Owned by Arrow Services, LLC majority owned by Univest Investments, Inc) In keeping with our philosophy, Univest teamed up with the largest privately owned pest control company in Georgia in 1997 to form Arrow Services, LLC for the purpose of completing a roll-up strategy in the extermination and termite control industry. Our pest control partner took the responsibility as our operations manager lending their specific knowledge and expertise of the business. Our first target was a five million dollar pest control company in Winston-Salem, North Carolina who had been in business since 1934 and was the second largest privately held pest control company in North Carolina. Univest and its partners successfully restructured the company and positioned it for future acquisitions to complete our roll-up strategy and create a third brand name in the public market. Within 12 months of initial acquisition and having completed the strategic roll up plan and successfully positioning several additional targets for acquisition, an investor group made Univest an offer to buy its interest in AS. Univest subsequently sold the company providing 100 percent internal rate of return (IRR) on its equity investment.