logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Rentokil PCI acquires HiCare to set new standards in the pest control industry

Apr 02, 2024•over 1 year ago

Acquiring Company

Rentokil PCI

Acquired Company

HiCare Services Pvt. Ltd

MumbaiMumbaiEducationConsumer Services

Description

Rentokil PCI, India’s leading pest control service provider, has acquired HiCare Services Pvt. Ltd., a digital and responsible hygiene and pest management company. This strategic acquisition aims to combine Rentokil PCI’s expansive market reach and expertise with HiCare’s specialized capabilities, paving the way for unprecedented expansion, unparalleled service standards, and innovation within the pest control industry in India.

Company Information

Company

Rentokil PCI

Location

Mumbai, Maharashtra, India

About

Rentokil PCI is India’s leading pest control service provider formed in 2017 through a joint venture between Pest Control India and Rentokil. With operations in over 300 locations, Rentokil PCI is committed to setting new standards for customer service through industry-leading service operations, innovative technologies, and best practices. The company takes pride in its diversity, social responsibility, sustainability, and education initiatives, with a workforce of over 6800 employees and highly trained technicians.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed