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Based in Tucson, Arizona, University Termite and Pest Control has a long-standing reputation for providing high-quality pest management solutions to both commercial and residential customers. The acquisition of University enhances PestCo’s capabilities in Arizona, a prominent and expanding market for pest control services. Terms of the transaction were not disclosed.
“We’re excited to continue our growth in the great state of Arizona,” said Jay Keating, CEO of PestCo in a news release. “The University team brings tremendous commercial expertise in addition to a strong residential program. Our goals remain the same as with any acquisition – earn customer loyalty and create opportunities for our employees.”
Ryan and Krista Horn, owners of University Termite & Pest Control, added, “After contemplating for years and speaking to many companies about selling University, we felt the most comfortable with PestCo. The PestCo team is very patient and thorough; we never felt an ounce of pressure. We are very pleased with the decision to work with PestCo and their assurances to take care of our valued employees and customers.”
“Thompson Street is pleased to back PestCo’s continued growth in the Southwest with the acquisition of University Termite & Pest Control, a well-established provider with a strong regional footprint,” said Dan Cooper, managing director at TSCP.
About Thompson Street Capital Partners
Thompson Street Capital Partners is a middle-market private equity firm that helps transform already exceptional businesses into market leaders. Based in St. Louis, Missouri, TSCP invests globally in the life sciences and healthcare, software and technology, business and consumer services and products sectors. TSCP partners with management teams to increase value by accelerating growth, both organically and via complementary acquisitions.
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