Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, today announced the acquisition of Pointe Pest Control – IL, LLC (Pointe) by PestCo Holdings, LLC (PestCo), a TSCP portfolio company. Through its brands – Pointe Pest Control in Illinois and Green Pest Services in Virginia – Pointe is a leading provider of residential pest control services. With the backing of PestCo’s team and resources, Pointe is positioned for accelerated growth while continuing to provide top-tier service for its customers. Terms of the transaction were not disclosed.
This is the third investment for PestCo, an acquisition company formed to consolidate the highly fragmented pest control industry.
“Pointe is a well-known brand in the industry with a long history of successful operations in residential pest control,” said Jay Keating, CEO of PestCo. “We are thrilled to partner with Jared Borg and Kyle Woodbury in the next phase of Pointe’s growth.”
Jared Borg, CEO and Co-Founder at Pointe, said, “Our teams at Pointe and Green have always prioritized their customers and employees, which has led to sustained levels of high growth over many years. Partnering with PestCo and TSCP will drive even greater levels of satisfaction for our clients while accelerating our ability to further expand our operations.”
Kyle Woodbury, Co-Founder at Pointe, noted, “We’re looking forward to partnering with the teams at PestCo and TSCP to improve upon our top-tier customer service and employee experience at Pointe and Green. This is an important next step for the business.”
“Pointe is a key strategic acquisition for PestCo, bringing both significant scale and expertise in single family residential pest control services that is a nice complement to the company’s existing commercial and multifamily platforms. With the inclusion of Pointe, PestCo is now one of the top 25 pest companies in the nation,” said Jeff Aiello, Managing Director, TSCP.
Pointe was advised by Paul Giannamore, Managing Director at The Potomac Company, who noted, “Pointe is one of the best known brands in the pest control space, and Jared and Kyle are known as leaders in the industry. It was a pleasure to advise them and help them achieve their goals. In partnering with PestCo and TSCP, who have quickly become active players in the pest control space, Pointe is well positioned to continue its impressive growth trajectory.”