Chicago, Ill.-based Shore Capital Partners recently completed a partnership with ACTION Termite and Pest Control, based in Phoenix, Ariz.
With this acquisition, Shore Capital Partners seeks to leverage the extensive industry experience and established market position of ACTION Termite and Pest Control to further enhance its footprint in the pest control industry.
“We are excited about the opportunities that this partnership with Shore Capital Partners presents for our team and our customers,” Brent Agee, CEO of ACTION Termite and Pest Control, said in the news release. “Shore Capital’s resources and industry insights will allow us to continue to provide top-notch pest control services while exploring new avenues for growth.”
To support ACTION Termite and Pest Control’s growth plan, Shore Capital Partners assembled a board of directors led by Brad Morehead, partner and head of business Services at Shore Capital.
“We are incredibly thrilled to partner with the team at ACTION and build the premier southwest pest control provider,” Morehead said. “The Agee family has built a strong culture and foundation for growth.”
As a result of the acquisition, per the news release, Shore Capital Partners plans to explore additional opportunities for growth both through additional acquisitions and through growing ACTION Termite and Pest Control organically.
About ACTION Termite and Pest Control
Founded in 1969, ACTION Termite and Pest Control is a provider of pest management services, offering comprehensive solutions to residential and commercial clients. Headquartered in Phoenix, Ariz., the company’s services include commercial and residential termite control, general pest control, and control services for pigeons, rodents, bed bugs, scorpions, mosquitoes, bee hive removal and more.
About Shore Capital Partners
Shore Capital Partners, a Chicago, Ill.-based private equity firm with offices in Nashville, Tenn., is an investor in microcap companies in the healthcare, food and beverage, business services, industrial, and real estate industries. Shore Capital Partners’ strategy is to support management partners to grow faster with less risk, through access to capital, quality board and operational resources, and advanced networking, development and shared learnings across the portfolio.
About the Author
Ellen Wagner is the digital editor for PMP magazine. She can be reached at ewagner@northcoastmedia.net.
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