The total U.S. William Blair/PCO M&A Specialists Pest Index increased 11 percent year-over-year in December 2024, accelerating from the 9 percent result in November. December’s results are slightly above the long-term average pest index growth rate of 10 percent.
“After normalizing for one more workday in December, the pest index ended the year on a soft note in December, growing only 6 to 7 percent year-over-year,” said William Blair Equity Researcher Tim Mulrooney. “This is below the strong result we observed in November and more in line with index performance in September and October.”
Dan Gordon, CPA, managing member of PCO Bookkeepers & M&A Specialists and Pest Management Professional’s financial columnist, added, “From a data perspective, the index has consistently shown the resiliency of our industry.”
The month’s results by segment include:
- Residential Pest Index increased 9 percent year-over-year.
- Commercial Pest Index increased 13 percent year-over-year.
- Termite Index increased 23 percent year-over year.
- Bed Bug Index increased 27 percent year-over-year.
- Mosquito Index increased 4 percent year-over-year.
About the William Blair/PCO Bookkeepers & M&A Specialists Pest Index
The William Blair/PCO Bookkeepers & M&A Specialists Pest Index tracks the monthly performance of 146 privately held pest control companies across 38 states with combined annual 2023 revenue of $515 million. The purpose of the report is to track the monthly performance of several different U.S. pest markets. It does not include residential door-to-door companies.
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