PestCo Holdings acquires PestShield


March 4, 2024

LOGO: THOMPSON STREET CAPITAL PARTNERSThompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, Mo., announced the acquisition of PestShield by PestCo Holdings, a TSCP portfolio company.

Located in St. Louis, PestShield is a provider of residential pest control services that partners with local home builders to pre-install preventive pest control equipment in homes during the construction phase. With the backing of PestCo’s team and resources, PestShield is positioned for future growth, while continuing to provide high-quality service to customers. Terms of the transaction were not disclosed.

This is the fourteenth investment for PestCo, a growth-oriented, national provider of pest control services to residential and commercial customers.

“PestShield is an excellent addition to our growing presence in the greater St. Louis area,” Jay Keating, CEO of PestCo, said in the news release. “We look forward to working together with PestShield to enhance growth opportunities for the business and create opportunities for the team.”

Patrick Hoene, owner of PestShield, added, “PestCo impressed me throughout the acquisition process. Efficient due diligence, consistent attention to detail, collaborative engagement, thoughtful guidance, and fairness in all negotiations from beginning to end. I highly recommend this experienced and honest pest control buyer for any small to large company or owner considering a transition but uncertain of the process and the complexities of selling their business.”

PCO M&A Specialists, a division of PCO Bookkeepers, acted as the exclusive financial advisor to PestShield on the transaction.

About Thompson Street Capital Partners

Thompson Street Capital Partners is a St. Louis-based private equity firm focused on investing in founder-led middle market businesses. The company has acquired more than 200 companies in the sectors of healthcare and life science services; software and technology services; and business services and engineered products. TSCP has managed more than $4.5 billion since being founded in 2000. TSCP describes itself as partnering with management teams to “increase value by accelerating growth, both organically and via complementary acquisitions.”


About the Author

Ellen Wagner is a former digital editor for PMP magazine.

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