Rollins Inc.
ROLHIGH VELOCITYFILING INTENSITYRollins Inc. reads as High Velocity (composite 70/100); pressure / disclosure signals dominate the posture this cycle · primary market Consumer Products.
Lens
Disclosed M&A capital (2023–2025)
$834M
vs $413M in 2020–2022
Disclosed transactions
94
3/3 active fiscal years in window
Buyer archetype
Programmatic Roll-Up
High recurring acquisition cadence, usually with many smaller targets.
Composite score
70
High Velocity dominates · Filing Intensity
Rollins (ROL) is a public-company acquirer in personal products & services with $367M of disclosed M&A spend across 102 acquisitions over 13 active years. Strategy mix is led by Bolt On (44%), Geographic Expansion (22%), Tuck In (15%). Current capacity: $116M cash, $651M total debt, 0.6x net leverage (underlevered). Has $2.0B of incremental debt capacity to a 3.0x IG threshold and $3.8B to the 5.0x HY transition. Disclosed median deal size sits at $4M.
- “We continue to expand our international presence through organic growth, acquisitions, and our international franchise programs.”- 10-K FY2023
- “Our acquisition strategy targets high quality, profitable businesses with strong leadership, a healthy level of brand awareness, and customer loyalty in the markets they serve that would benefit from incremental growth capital and have the potential to achieve organic growth and margin expansion.”- 10-K FY2025
- “The Company's termite business grew 6.0% in 2009 due to the acquisition of HomeTeam Pest Defense”- 10-K FY2009
- ▸Entry into adjacent geographies via platform acquisitions
- ▸Bolt-ons into existing geography for route density
- ▸Room for a $3.8B debt-funded acquisition before HY 5.0x.
Behavioral posture, nine reads.
Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.
Active Acquirer
Companies actively deploying disclosed capital into M&A
- $2.3B disclosed buyer spend
Buyer Cadence
Buyer-side companies with recent filing activity
- Filed within 40d
- 325 acquisition-history signals
- 481 8-Ks
Target Probability
Issuers showing target-side patterns from filings
- 50 activism filings
Spin/Carve
Issuers showing spin-off, carve-out, or sum-of-parts posture
- 50 activism filings
Pressure Watch
Issuers facing activism, governance, or control pressure
- 50 activism filings
- Latest activism 2.7y ago; discounted
Distress Watch
Issuers showing financial-distress filing patterns
- 50 activism filings
Restatement Risk
Issuers with accounting-integrity flags from filings
Capital Velocity
DominantIssuers with the highest filing-activity intensity
- 481 8-Ks
- 5 form types
Quiet Power
Large issuers with low signal volume and clean disclosure cadence
- Enterprise value $26.9B
- 10-Q 48d ago
- 2 active signals
Capital cadence.
Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.
Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $431M · Peak count: 44
| FY | Disclosed buys | Disclosed spend | Avg ticket | Audited tier |
|---|---|---|---|---|
| 2025 | 26 | $310M | $12M | N/A |
| 2024 | 44 | $158M | $4M | N/A |
| 2023 | 24 | $367M | $15M | N/A |
| 2022 | 31 | $119M | $4M | N/A |
| 2021 | 39 | $146M | $4M | N/A |
| 2020 | 31 | $148M | $5M | N/A |
Strategy posture.
The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.
Archetype mix
- Geographic Expansion20%
- Bolt On20%
- Tuck In20%
- Horizontal Consolidation20%
- Platform20%
Strategy keywords
Terms recurring across recent 10-K acquisition disclosures.
- bolt_on
- geographic_expansion
- tuck_in
- horizontal_consolidation
- platform
Filing language.
Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.
“Our acquisition strategy targets high quality, profitable businesses with strong leadership, a healthy level of brand awareness, and customer loyalty in the markets they serve that would benefit from incremental growth capital and have the potential to achieve organic growth and margin expansion.”
“Pest and termite services represent discretionary expenditures to many of our residential customers. If consumers restrict their discretionary expenditures, we may suffer a decline in revenues from our residential service lines.”
“We have extensive experience acquiring companies of all sizes. Over the last three years, we have completed 94 acquisitions, including 26 acquisitions in 2025.”
“We continue to expand our international presence through organic growth, acquisitions, and our international franchise programs.”
“Commercial pest control revenues grew 5.4% in 2009 due primarily to ... the addition of Crane Pest Control”
Market context.
Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.
Primary market
Consumer Products
- Market spend (2023–2025)
- $145.2B
- Market spend (2020–2022)
- $102.1B
- Recent vs prior
- +42%
- Issuer rank in market
- N/A
- Share of market capital
- 0.0%
Valuation positioning
ROL trades at a +16.9-turn premium to the Consumer Products peer median of 14.4×.
- EV / Revenue
- 7.0×
- Net debt / EBITDA
- 0.6×
- Peer median EV / EBITDA
- 14.4×
Trading comparables
FMP market data · 2026-05-10
| Company | EV / EBITDA | EV / Rev | Net debt / EBITDA | Revenue | M&A 2023–2025 |
|---|---|---|---|---|---|
Rollins Inc.ROL | 31.3× | 7.0× | 0.6× | $3.8B | $834M |
| 23.9× | 6.3× | 0.8× | $11B | $466M | |
| 14.9× | 3.6× | 2.8× | $27.5B | $10.2B | |
AramarkARMK | 14.4× | 1.0× | 4.4× | $18.8B | N/A |
| 12.1× | 4.1× | 3.1× | $6.4B | $9.4B | |
| 9.5× | 0.4× | 3.6× | $8.9B | $151M |
Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Consumer Products. Bars scaled to the highest EV/EBITDA in the set.
Buyer landscape.
Public buyers whose stated archetypes, target categories, and recent cadence align with this issuer as a plausible acquisition target. Scores cross EDGAR signal and disclosure overlap.
Likely buyers
No public buyers surface as a strong target-side fit on current signal.
Likely sellers / divestiture partners
No reciprocal divestiture / strategic-alternatives matches identified.
Filing activity & signal stream.
Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.
Filing cadence
- 10-K (annual)332026-02-12
- 10-Q (quarterly)1002026-04-23
- 8-K (event)4812026-05-01
- Proxy / DEF 14A432026-03-17
- Activism (13D / DFAN / PREC)502023-09-11
Signals on file
- elevated
Activism on file
2023-09-1150 activist filings on file (13D, DFAN14A, PREC14A series).
- info
Signal
Disclosed acquisition spend
- info
Signal
10-K strategy themes
Audited corpus.
No audited record on file for this CIK in the current v6 corpus.
This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.