Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, today announced the acquisition of the assets of Innovative Pest Control (Innovative) by PestCo Holdings, LLC (PestCo), a growth-oriented, national provider of pest control services to residential and commercial customers and a TSCP portfolio company. Located in Tyler, Innovative is a leading provider of residential and commercial pest control services in East Texas. With the backing of PestCo’s team and resources, Innovative is well positioned to continue providing high-quality service to its growing customer base. Terms of the transaction were not disclosed.
“Innovative represents a valuable addition to our presence in the great state of Texas,” said Jay Keating, CEO of PestCo. “We look forward to earning the continued loyalty of each customer by providing a superior customer experience. This will enable us to create more opportunities for all PestCo team members.”
Tony and Kelly Santangelo, owners of Innovative, added, “Innovative Pest Control has been a huge part of our lives and the lives of so many great people in East Texas. Over the years, we’ve built something we’re truly proud of, grounded in integrity, service, and a commitment to doing right by our team and our customers. As we begin this new chapter with PestCo, we’re confident we’ve found the right partner to carry that legacy forward. Their values align with ours, and we know they’ll continue to take care of the people and the communities we’ve worked so hard to serve.”
“Thompson Street is excited to support PestCo’s continued expansion in Texas with the addition of a high-quality business in Innovative,” said Dan Cooper, Director, TSCP.
PCO M&A Specialists, a division of PCO Bookkeepers, acted as exclusive financial advisor to Innovative Pest Control.
