Percheron Capital types pest management service platform – Pest Administration Skilled Pest Administration Skilled – Pest Administration Skilled journal
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Percheron Capital has created a pest management providers platform in partnership with business veteran Mike St. Clair. The San Francisco, Calif.-based non-public fairness agency was based in 2020 and is concentrated on partnering with middle-market service companies.
The platform will deal with constructing “a premier community of residential pest management providers suppliers by acquisitions and natural progress within the rising, resilient and extremely fragmented pest management market,” according to the news release.
St. Clair brings greater than 20 years of management expertise at a number of pest management companies. He beforehand led gross sales and advertising for Rentokil and was a key member of the senior government workforce that tripled North American income to over $1.8 billion by natural progress initiatives and strategic acquisitions. Previous to Rentokil, St. Clair held senior administration positions for main residential service manufacturers at ServiceMaster, together with Terminix.
“We’re thrilled to companion with Mike to construct a preeminent pest management providers firm,” mentioned Chris Lawler, co-founder and managing companion of Percheron Capital. “Pest management providers are non-discretionary and profit from long-term tailwinds, together with growing pest prevalence and demographic shifts favoring outsourced pest management options. These developments, together with the business’s vital scale, recurring income profile and substantial degree of fragmentation, make pest management a thematic funding precedence for Percheron.”
“I’m excited to work with Percheron to kind a market-leading pest management providers platform,” St. Clair mentioned within the information launch. “We’re dedicated to constructing the business’s employer of alternative and investing in our hardworking workforce members – by coaching, incentives and state-of-the-art instruments and know-how – to enhance their effectiveness and create rewarding profession paths.”
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