Enviro-Serv, Inc. Announces Aggressive Pest Control Subsidiary Expansion Through Large Acquisitions and Contract Purchases
February 10 2014 - 8:15AM
Marketwired
Enviro-Serv, Inc. Announces Aggressive Pest Control Subsidiary
Expansion Through Large Acquisitions and Contract Purchases
TAMPA, FL--(Marketwired - Feb 10, 2014) - Enviro-Serv, Inc. (OTC
Pink: EVSV) announced today its intent to aggressively commence
subsidiary expansion with current subsidiary X-Terminate Pest
Management Inc. and future new wholly owned subsidiary
acquisitions.
Chris Trina, CEO states, "There hasn't been a time like the
present in our short existence to put the pedal to the metal and
aggressively grow our top and bottom line here at Enviro-Serv. The
quickest and most effective method to accomplish this goal is to
immediately pull out all stops and aggressively pursue larger than
previously planned acquisitions in seeking our second and third
pest control subsidiaries within a couple months or so. I have just
identified last Friday via a conference call from a Florida
industry leading pest control business broker that represents the
seller that a very successful St. Petersburg based pest operation
has come up for sale just last week. Due to confidentiality reasons
I am legally unable at this time to disclose the name of the
operation but can safely state annual sales exceeding one million
dollars and also the business holds all licenses for pest control
in the state of Florida. I am working diligently this upcoming week
to sit down with the broker and business owner to discuss the
timing and terms of this acquisition to see if there is a fit. I
have seen a snap shot of their strong financials and this is the
type of acquisition that makes shareholders very happy to be part
of if we can buy it fairly. Additionally after a long delay from
the seller, Gary Cole will be personally handling negotiations in
attempting to finalize and close the previously announced LOI of
Inland Pest Control and hope to have our arms around this deal by
the end of February. Gary has a business relationship with the
seller for over 5 years and I have the utmost confidence he will
secure this deal for Enviro-Serv."
Mr. Trina also had this to say about subsidiary X-Terminate
Inc., "After conducting strategy sessions the last two weeks with
the management of X-Terminate we all agree the timing is perfect to
get extremely aggressive in marketing, advertising and expansion on
all fronts. We have retained new webmasters last week to enhance
the X-Terminate website and to regain the major traction once held
on this site with potential online clients and visitors utilizing
our site to book appointments and/or learn about our special
services. Although the website was functional last year it wasn't
being maximized to its fullest like it will be this entire year
moving forward. We strongly believe revenues can increase 10-20 %
through our website enhancement program. Additionally Enviro-Serv
has committed financial resources in two major areas if needed;
Advertising & marketing and Contract purchases are of utmost
urgency to saturate the Tampa Bay market prior to the beginning of
the April termite season. We are also advertising currently in
trade journals and classified ads to hire an experienced full time
lawn and ornamental crew to ramp up that segment of our business.
Next week we begin aggressive negotiations in purchasing GHP and
Lawn routes under contract as well. I am most excited however in
our goal to bring the branding and recognition of X-Terminate,
Florida's first orange oil experts in dry wood termite eradication
to other major metropolitan areas such as Orlando, Ft. Lauderdale
and Miami." Trina ended by exclaiming, "I remain very excited and
committed to the Enviro-Serv business model and believe it will
take great shape in calendar 2014 but in the immediate our focus is
on pest control growth first and foremost as serious dollars are
generated March-October and we mustn't be late to the party."
About Enviro-Serv, Inc. Enviro Serv, Inc. (OTC Pink: EVSV)
is a Tampa based corporation specializing in providing property
maintenance services in geographically concentrated warm climate
states. Through an aggressive acquisition strategy, the
Company is building a portfolio of highly profitable enterprises
that offer year round services such as pest control management,
lawn and landscaping care, pool maintenance, air
conditioning/refrigeration installation and repairs and a host of
additional onsite maintenance offerings. Please visit our
websites at www.enviro-serv.com and www.xterminateinc.com to learn
more.
Forward-Looking Statements - This press release contains
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Such statements are subject to risks and uncertainties that could
cause future results to differ materially from the forward-looking
statements. You should consider these factors in evaluating the
statements herein, and not rely solely on such statements. The
forward-looking statements in this release are made as of the date
hereof and Enviro-Serv, Inc. undertakes no obligation to update
such statements.
CONTACT: Enviro-Serv, Inc. 813-975-7177
Enviro Serv (PK) (USOTC:EVSV)
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