Contrarian Corpus
Spruce Point Capital vs. Rollins Inc.

Rollins Inc. · ROL

1 deck published between 2023-10-04 and 2023-10-04 — 89 pages, 89 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2023-10-04 initial thesis

    2023 10 651d62dffb5e1d60c1066f1d_rol_research_thesis_10 4 2023_22_

    89pp · full_deck

    Rollins is the 'Cockroach' of activism: SEC settlement, auditor swap, family insider sales, and a 27x EBITDA multiple set up 30-40% downside as Rentokil/Terminix and PE roll-ups erode the moat.