Thompson Street Capital Partners portfolio company PestCo Holdings, LLC invests in Ecoteam, LLC | National business
NS. LOUIS – (BUSINESS WIRE) – Nov. November 2021–
Thompson Street Capital Partners (“TSCP”), a private equity firm based in St. Louis, announced today that its portfolio company PestCo Holdings, LLC (“PestCo”) has made an investment in Ecoteam, LLC and Envirotrol Pest Solutions Houston headquarters. Inc (together “Ecoteam”). Operating across Texas with offices in Houston, Dallas-Fort Worth, Austin, and San Antonio, Ecoteam is a leading provider of commercial pest control services focused on multi-family communities. With this investment Ecoteam is positioned for future expansion and growth. The terms of the investment were not disclosed.
Commenting on the investment, PestCo CEO Jay Keating said: “Ecoteam is a well-run, high-quality company with an excellent record of growth. We are excited to work with Jon Polenz and Patrick Polenz to take Ecoteam to the next level. “
Jon Polenz, President of Ecoteam, said: “Ecoteam has always made its team and its customers a priority. We believe that partnering with PestCo and TSCP will help us accelerate our growth and give our team more opportunities while continuing to provide great service to our customers on a broader scale. “
Patrick Polenz, Vice President at Ecoteam, added: “Ecoteam is thriving thanks to its many dedicated employees and loyal customers. We look forward to continuing to offer our high quality service and improving our growth opportunities as part of PestCo and in partnership with TSCP. “
Brandon Muirhead, Director, TSCP said, “We quickly recognized the leadership position that Ecoteam has built in Texas. We look forward to working with your team to help the company achieve its next phase of growth. “
Ecoteam was advised by LR Tullius. Lance Tullius, President of LR Tullius (lrtullius.com) commented, “Under the leadership of Jon and Patrick, Ecoteam has grown into a leading multi-family pest control provider and we have been delighted to help them achieve a great result achieve. With PestCo and TSCP you have chosen a great partner, who have quickly developed into a differentiated and very active potential partner for operators in the pest control industry. “
PestCo is an acquisition company formed to consolidate the highly fragmented pest control industry. This is his second investment.
About Thompson Street Capital Partners
Thompson Street Capital Partners (tscp.com) is a St. Louis-based private equity firm focused on investing in founder-led medium-sized companies in the Life Sciences & Healthcare, Software & Technology, and Business and Consumer Services and Products sectors concentrated. Founded in 2000, the company has acquired more than 150 companies and managed more than $ 2.6 billion in equity. TSCP works with management teams to add value by accelerating growth, both organically and through acquisitions.
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CONTACT: Jeremy Milner
KEYWORD: MISSOURI UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE
SOURCE: Thompson Street Capital Partners
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PUB: 11/15/2021 6:30 a.m. / DISC: 11/15/2021 6:30 a.m.
Copyright Business Wire 2021.