KNIGHTSBRIDGE TAKES CARE OF PEST PROBLEM

We successfully advised in a deal between two leading UK pest control companies…

Melford Environmental Services was established in 1999, offering a comprehensive range of pest control and prevention services.

Based in the picturesque town of Hitchin, Hertfordshire, it is a well-established and fully accredited company.

Commercial Executive Helen Bainbridge set out to generate market interest, pinpointing Melford’s key selling points: “It has a very healthy turnover of circa ￡365,000 with an adjusted EBITDA in excess of ￡201,000.

“It is an ideal bolt-on opportunity for complementary service providers. Its Directors have offered a negotiable handover period and are supported by a team of four dedicated employees. It is also a fully relocatable opportunity.”

Healthy interest was formed and three formal offers were received. With several members of the board excited to retire, Knightsbridge delivered the full-process sale in only four months – from start to finish.

A good relationship was formed with buyer Vergo Pest Management, a similar but larger-scale business, with over 500 colleagues geographically spread across the UK, established in Gloucester in 1996.

Vergo provides services for a variety of market sectors including residential, food manufacturing, healthcare, retail, education, and hospitality. Its comprehensive range of pest management services includes rodent control, bird management, insect control, and wildlife management.

With a strong reputation for innovation, Vergo is committed to providing a sustainable rodent management service with minimal impact on the environment. This has led to various developments including treatments that require no or little pesticide.