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Announced

Completed

Gryphon Investors completed the acquisition of a majority stake in PestRoutes from Mainsail.

Synopsis

Gryphon Investors, a private equity firm, completed the acquisition of a majority stake in PestRoutes, a provider of software for pest control, from Mainsail, a growth equity firm. Financial terms were not disclosed. "PestRoutes serves a number of large and growing field services markets with complex software needs that are not being met by existing solutions. PestRoutes not only addresses the complicated requirements of field services companies of all sizes, but it does so through the use of modern, easy-to-use software complemented by high-quality customer service, which together provides tremendous value and superior customer experience," Jon Cheek, Gryphon Deal Principal in the Software Group.

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