Middleton Acquires Paragon Termite & Pest Management

ORLANDO, Fla. – Middleton Lawn & Pest Control, a subsidiary of Fort Lauderdale-based Sunair Services Corp., announced that it has acquired the assets of Paragon Termite & Pest Management for aggregate consideration of approximately $1 million, consisting of cash, a promissory note and shares of Sunair common stock.

Paragon, headquartered in Port St. Lucie, holds roughly 4,400 accounts and provides service in Brevard, Indian River, St. Lucie and Martin counties. Keith Brooker, president and owner of Paragon, will join Middleton as a sales consultant and help build the commercial and residential pre-construction termite treatment business. Brooker has over 18 years of experience in the pest control industry. He established Paragon in 1992.

"We continue to search for quality companies that share our vision of growth for the future. With it's efficient operations and focus on the customer, Paragon not only shares our core company values but also represents a key strategic expansion for us into the Treasure Coast area," said Greg Clendenin, CEO of Middleton.  "We welcome Paragon to the Middleton Lawn & Pest Control family and are excited about additional business opportunities we expect this acquisition to bring."

"Middleton has a stellar reputation in the pest control industry. It is a company that truly cares about its customers and its employees. Its strategy for growth is sound. We share this vision and are excited about continuing the legacy of delivering unmatched customer service," added Brooker.