Rollins, Inc. Explained

Rollins, Inc.
Type:Public
Foundation:1948
(as Rollins Broadcasting)
Location:Atlanta, Georgia, U.S.
Key People:Randall Rollins, Chairman
Gary Rollins, CEO
Industry:Pest control Conglomerate
Revenue: US$2.695 billion [1]
Assets: US$2.112 billion
Owner:Rollins family (55.6%,[2] controlling)
Num Employees: 19,031 [3]
Subsid:Orkin
Western Pest Services

Rollins, Inc. is a North American pest control company serving residential and commercial clients. Operating globally through its wholly owned subsidiaries, Orkin, Inc., PCO Services (now Orkin Canada),[4] HomeTeam Pest Defense, Western Pest Services, Industrial Fumigant Company, TruTech, Critter Control, Crane, Waltham, OPC Services, PermaTreat, Northwest Exterminating, McCall Service and Clark Pest Control,[5] as well UK subsidiaries Integrated Pest Management Limited, Safeguard Pest Control, NBC Environment, Europest Environmental Services, Guardian Pest Control, Ames, and Kestrel, with Australian subsidiaries Allpest, Scientific Pest Control, Murray Pest Control and Statewide Pest Control, and Singapore subsidiary Aardwolf Pestkare, the company provides pest control services and protection against termite damage, rodents and insects to over 2.8 million customers in the US, Canada, United Kingdom, Mexico, Central America, the Caribbean, the Middle East and Asia from over 800 locations.

The United States accounted for 92.7% of net sales. Net sales by activity:

History

The company started as Rollins Broadcasting in 1948, founded by John W. Rollins and his brother, O. Wayne Rollins. The company, originally financed in large part by John Rollins' auto dealerships, began as Rollins Broadcasting when the brothers purchased a 1460 WRAD, an AM radio station based in the rural town of Radford, Virginia. The company grew to include other radio stations, such as jazz station WBEE (AM 1570) in Harvey, Illinois, television stations such as WPTZ in Plattsburgh, New York, Orkin, Inc., Western Pest Services,[6] The Industrial Fumigant Company, a trucking concern (later sold to Penske Truck Leasing), a hazardous waste disposal service, an oil services business, and a cable television company. In 1984 the company spun off its oil services business, RPC, Inc. to shareholders.[7]

Gary Rollins, son of O. Wayne Rollins, has been the CEO since July 24, 2001.[8]

Notes and References

  1. https://www.sec.gov/Archives/edgar/data/84839/000117120019000087/i19083_rol-10k.htm 2018 SEC Form 10-K
  2. https://www.sec.gov/Archives/edgar/data/84839/000117120019000121/i19130_rol-def14a.htm 2019 Proxy statement
  3. Web site: en. ROLLINS, INC.. MarketScreener. 2024-03-25. 2024-03-25. https://web.archive.org/web/20240325070806/https://www.marketscreener.com/quote/stock/ROLLINS-INC-14278/company/.
  4. News: Reporter. a Wall Street Journal Staff. 1999-10-04. Rollins Unit Agrees to Buy Canadian Pest-Control Firm. en-US. Wall Street Journal. 2021-10-07. 0099-9660.
  5. Web site: Rollins Acquires Second Clark Pest Control Business. 2021-10-07. PCT - Pest Control Technology. en.
  6. News: News. Bloomberg. 2004-03-09. COMPANY NEWS; PARENT OF ORKIN TO BUY SMALLER PEST CONTROL BUSINESS. en-US. The New York Times. 2021-10-07. 0362-4331.
  7. Web site: Company History. www.rpc.net. June 22, 2019.
  8. Web site: Executive Profile* Gary W. Rollins . Bloomberg . August 27, 2015.