For July, the total U.S. pest index increased 9.9 percent over July 2020. This marks a deceleration from June 2021, which was up 12 percent year-over-year.
According to a news release from Newton, N.J.-based PCO M&A Specialists, which is led by Pest Management Professional financial columnist Dan Gordon, the deceleration in July was primarily driven by a slowdown in the commercial and termite indices in July. On a sequential basis from June to July 2021, the index decrease 2.5 percent year-over-year.
“While the industry continues to show resiliency, the level of growth we saw during the spring year over year did not carry over to summer, as the country began to open up last summer,” Gordon, PCO M&A Specialists managing director, said. “This was as expected.”
The Residential Pest Index increased 10.8 percent year-over-year and decreased 1.4 percent on a sequential basis. The Commercial Pest Index increased 14 percent year-over-year and 0.2 percent on a sequential basis. The Wood Destroying (Termite) Index increased 5.8 percent year-over-year and decreased 11.3 percent on a sequential basis. The Bed Bug Index decreased 7.4 percent year-over-year and increased 4.8 percent on a sequential basis.
View the full July report and the archive of past reports at SellMyPCOBusiness.com.
About the William Blair/PCO M&A Specialists Pest Index
The William Blair/PCO M&A Specialists Pest Index tracks the monthly performance of 149 privately held pest control companies across 31 states with combined annual 2020 revenue of $375 million. The purpose of the report is to track the monthly performance of several different U.S. pest markets, including residential, commercial and termite. It does not include residential door-to-door companies.