The William Blair/PCO M&A Specialists Pest Index is a proprietary index of the monthly sales for 140 different U.S. pest control companies across 30 states. For August 2022, the total U.S. pest index increased 18 percent year-over-year.
The pickup in growth was driven by an acceleration across all four sub-indices (residential, commercial, termite and bed bug).
“The results in August were somewhat surprising, given the slowdown observed in June and July, and are more indicative of the type of growth recorded throughout the first half of 2022,” said William Blair Equity Researcher Tim Mulrooney. “The long-term historical average for the total pest index is 10.8 percent.”
Dan Gordon, PCO M&A Specialists managing member and Pest Management Professional magazine’s financial columnist, added, “Despite all the negative economic news, August was a good month for the pest control industry, once again showing our resilience and resistance to downturns.”
The Residential Pest Index increased 20 percent year-over-year and 7 percent on a sequential basis. The Commercial Pest Index increased 16 percent year-over-year and 5 percent on a sequential basis. The Wood Destroying (Termite) Index increased 13 percent year-over-year and 9 percent on a sequential basis. The Bed Bug Index increased 4 percent year-over-year and 10 percent on a sequential basis.
View the full 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 150 privately held pest control companies across 31 states with combined annual 2021 revenue of $435 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.
About the Author
Ellen Wagner is the digital editor for PMP magazine. She can be reached at ewagner@northcoastmedia.net.
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