Thompson Street Capital Partners Expands PestCo Holdings' Presence in Texas with Live Oak and PestBan+ Acquisitions

Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, is making strategic moves to expand the footprint of its portfolio company, PestCo Holdings, LLC (PestCo), in Texas. The acquisition of Live Oak Pest Control, Inc. (Live Oak) and PestBan+, LLC (PestBan) will enhance PestCo's capabilities in both residential and commercial pest control services, further solidifying its position in the highly fragmented pest control industry.

Live Oak, located in San Antonio, provides comprehensive pest control services to residential and commercial customers. With its established presence and strong customer base, Live Oak is an excellent addition to PestCo's portfolio. This acquisition will not only boost PestCo's market share but also enhance its ability to cater to a wider range of clients in Texas.

PestBan, located in Dallas, focuses on commercial pest control services, with a particular emphasis on multi-family communities. This acquisition will enable PestCo to expand its service offerings and tap into the growing demand for pest control solutions in the commercial sector. By combining PestBan's expertise with PestCo's resources and industry knowledge, the company will be well-positioned to provide top-notch pest control services to commercial customers throughout Texas.

These acquisitions mark the twelfth and thirteenth investments for PestCo, which was specifically formed to address the fragmented nature of the pest control industry. By consolidating various pest control companies under one umbrella, PestCo aims to streamline operations, improve efficiency, and deliver a higher standard of service to its customers.

Thompson Street Capital Partners, with its deep understanding of the middle market, is committed to partnering with founder-led businesses to drive growth and increase value. Since its inception in 2000, TSCP has acquired more than 200 companies across various sectors, including Healthcare & Life Science Services, Software & Technology Services, and Business Services & Engineered Products, managing over $4.5 billion in assets. With a proven track record of accelerating growth through organic initiatives and strategic acquisitions, TSCP is well-equipped to support PestCo in its expansion efforts.

The terms of the acquisitions were not disclosed, but it is evident that PestCo and Thompson Street Capital Partners are making strategic investments to strengthen PestCo's position in the pest control market. By expanding its presence in Texas through the acquisition of Live Oak and PestBan, PestCo is well-positioned to capitalize on the growing demand for pest control services in the state. With Thompson Street Capital Partners as its partner, PestCo is set to achieve even greater success in the highly competitive pest control industry.

In conclusion, the acquisitions of Live Oak and PestBan by PestCo Holdings, backed by Thompson Street Capital Partners, mark significant milestones in the company's growth journey. With a bolstered presence in Texas, PestCo is better equipped to serve its customers and expand its market share. These strategic investments are a testament to PestCo's commitment to excellence and Thompson Street Capital Partners' ability to identify and support promising businesses. As the pest control industry continues to thrive, PestCo is positioned for continued success in meeting the evolving needs of its customers in Texas and beyond.