Enviro-Serv Inc (EVSV)

[Ramiel]

Pest control industry is very attractive; offering a blend of high margins and good growth forecasts. Demand for pest control services typically grows at approximately 1.25-1.5x GDP, with markets such as North America and a number of emerging economies showing lucrative business opportunity. It is mainly due to the warmer climates in these geographies. Pest control market has seen exceptional growth in the recent five years, which is attributed to the increasing population of pests, growing customer awareness about the health issues and strict regulatory requirements in hospitality and food sector resulting in increased demand for pest control activities. Rising health issues are making people cautious about the environment around them. One of the major reasons behind the increasing demand of pest control measures, especially in the United States, is the stricter federal and state regulations pertaining to the commercial segment. Due to these restrictions, the segment has become more aware and is maintaining high safety standards.