Rollins, Inc. (NYSE: ROL) announced today that its subsidiary, Clark Pest Control of Stockton, Inc., has entered into an agreement to acquire Clark Pest Control, Inc., based in Bakersfield, CA. The transaction is expected to be completed in the first quarter.
Clark Pest Control was founded in Fresno, California in the 1940's by two brothers, Jim Sr. and Charlie Clark. Early in the development of their business, the brothers decided to build separate businesses by splitting up - Charlie went north to Stockton while Jim Sr. went south to Bakersfield. They continued to share the Clark Pest Control name, and their respective businesses grew.
Rollins acquired Charlie Clark's business, Clark Pest Control of Stockton, Inc., in the second quarter of 2019.