Calvert Street partners with management to acquire ADAPCO
On July 21, 2006, Calvert Street Capital Partners ("Calvert Street") acquires ADAPCO, Inc ("ADAPCO"). ADAPCO founded in 1984 and headquartered in Sanford, FL, is the nation’s leading provider of specialty chemicals, equipment, technology, technical assistance and outsourced contract application services used by municipal agencies to control the spread of mosquito-borne diseases.
ADAPCO is the largest distributor of mosquito control chemicals in North America and performs outsourced turnkey application programs that consist of insect and disease surveillance, aerial and ground chemical application, data collection, and reporting and tracking functions required for compliance with local and federal environmental laws. The company’s proprietary aerial and ground-based flow control and application technology offerings (WingmanGX and Geoflow) lead the industry in terms of performance and accuracy. In addition to its commanding presence in mosquito control, ADAPCO also distributes nuisance fly pesticides, odor control products and hydrogen sulfide scrubbing agents to the potable and waste water treatment sectors.
Calvert Street has partnered with ADAPCO’s experienced team of senior management to build the leading global solutions provider for vector disease control through a combination of strategic acquisitions and organic growth initiatives.