Andy Ransom

Andy Ransom serves as CEO of Rentokil Initial, the world's largest pest control company and a leading provider of hygiene and workplace wellbeing services, serving over 5 million customers across 90+ countries. The transformational moment was the $6.7 billion acquisition of Terminix in 2022, which made Rentokil the dominant pest control player in the United States — the world's largest pest control market. Pest control is an exceptionally attractive business: recurring revenue (pests don't go away), low cyclicality (companies and homeowners need pest control regardless of economic conditions), fragmented competition (thousands of small local operators provide acquisition targets), and climate-driven growth (warming temperatures expand pest ranges and activity seasons). Rentokil's scale provides advantages in route density (more customers per technician per day), technology investment, and brand recognition. The company also operates a substantial hygiene and wellbeing services business (washroom hygiene, mat services, air purification, scenting) primarily in Europe and Asia Pacific, serving commercial properties, offices, and healthcare facilities. Key stock drivers include U.S. pest control organic growth and Terminix integration progress, route density improvement, customer retention rates, tuck-in acquisition pace, hygiene services recovery, and the broader trend of outsourcing facility services.