SOLD 2012 reported

Hulett Environmental Services (North/Central Florida branches)

Pest Control · Tampa, Hillsborough County · Founded 1968 by Hulett family

Ownership at a glance. Hulett Environmental Services (North/Central Florida branches) is owned by Rollins, Inc. (Orkin), a public company headquartered in Atlanta, GA. The sale was announced October 2, 2012; the original brand was retired.
The name on the truckHulett Environmental Services (North/Central Florida branches)
Tampa, Hillsborough County
Operating ownerRollins, Inc. (Orkin)
Atlanta, GA

About the company

Hulett Environmental Services is a family-owned Florida pest and termite control company founded in 1968. In 2012 it sold eight of its north and central Florida branches - including Tampa Bay, Sarasota, Orlando, Oviedo, Daytona Beach, Lake County, Melbourne and Kissimmee - to Orkin, keeping its South Florida operations. The divested branches generated more than $8 million in annual revenue.

Ownership history

What changed after the sale

Orkin said the acquired branches would convert to Orkin branding over time. Owner Tim Hulett said the sale let him concentrate on growing the South Florida business.

Only sourced observations are listed. Customers and employees can add what they saw.

Who really profits

Money paid to Hulett Environmental Services (North/Central Florida branches) now flows to Rollins, Inc. (Orkin) (Atlanta, GA). Rollins is the publicly traded parent of Orkin, HomeTeam Pest Defense, Clark Pest Control, Northwest Exterminating, Fox Pest Control and other brands. It grows through continuous tuck-in acquisitions of local and regional pest control operators, generally converting acquired residential brands to Orkin or another house brand over time.

Read more: why prices rise after a sale · debt, exits and the 5-year clock.

Frequently asked

Who owns Hulett Environmental Services (North/Central Florida branches)?

Hulett Environmental Services (North/Central Florida branches) is owned by Rollins, Inc. (Orkin), a public company headquartered in Atlanta, GA. The sale was announced October 2, 2012; the original brand was retired.

Is Hulett Environmental Services (North/Central Florida branches) private equity owned?

Hulett Environmental Services (North/Central Florida branches) was acquired by Rollins, Inc. (Orkin), which we classify as public company rather than a private-equity platform, based on the sources listed below.

Is Hulett Environmental Services (North/Central Florida branches) locally owned?

Not in the sense most homeowners mean. Control sits with Rollins, Inc. (Orkin) in Atlanta, GA.

When was Hulett Environmental Services (North/Central Florida branches) sold?

October 2, 2012 (announcement date).

Did Hulett Environmental Services (North/Central Florida branches) change its name after the sale?

Yes — the brand was retired or merged (see notes and sources).

Sources Reported — credible press

  1. Pest Control Technology (2012-10-02) — trade press. Lists the eight branches acquired, including Tampa Bay and Sarasota
  2. CNBC (2012-10-02) — news. Announcement of Orkin acquiring portions of Hulett

Researcher notes: Only the Tampa Bay and Sarasota branches of this multi-branch divestiture sit inside the Tampa Bay region; the target's corporate HQ is West Palm Beach.

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