Thompson Road Capital Companions invests in Pest Drive, Boydstun Pest – Pest Administration Skilled Pest Administration Skilled – Pest Administration Skilled journal
Thompson Street Capital Partners (TSCP), a personal fairness agency based mostly in St. Louis, Mo., introduced its portfolio firm PestCo Holdings has invested in Pest Drive, which is a part of Elrod Enterprises, and Boydstun Pest.
Pest Drive operates throughout the main metropolitan areas of Texas with department areas in Houston, Dallas-Fort Value and New Braunfels (Austin and San Antonio). Boydstun Pest operates in Midland, Texas.
The businesses are suppliers of business and residential pest management throughout Texas. With the backing of PestCo’s workforce and sources, Pest Drive and Boydstun are place to proceed to develop their industrial and residential enterprise within the area. Phrases of the funding weren’t disclosed.
That is the seventh funding for PestCo, an acquisition firm fashioned to consolidate the extremely fragmented pest management business.
“Pest Drive and Boydstun are well-managed, high-quality companies with a superb monitor document of progress,” mentioned Jay Keating, CEO of PestCo. “We’re excited to accomplice with Austin Elrod, Pest Drive, and Boydstun to positively affect PestCo’s total enterprise and assist in the subsequent part of Pest Drive and Boydstun’s progress.”
Austin Elrod, founder and CEO of Pest Drive, added, “It has all the time been my place to make one of the best selections for the betterment of my staff, household, and prospects. My staff and prospects are going to profit throughout the board from this transaction and I’m thrilled for the alternatives forward of them. I’m assured in PestCo and what they bring about to the desk, and I’m wanting ahead to working with them on attaining the best ranges of success in Texas and past. Pest Drive and Boydstun have excelled by way of specializing in our dedication to customer support and I consider that is solely going to additional that dedication. The long run is brilliant, and I sit up for being part of that.”
“We’re excited to accomplice with the Pest Drive and Boydstun groups and develop PestCo’s presence within the Texas area alongside Ecoteam,” Jeff Aiello, managing director at TSCP, mentioned.