Advent International completed the investment in LBS.

Advent International, a global private equity investor, completed the investment in LBS, a pest control and hygiene solutions company with complementary services such as digital IoT pest monitoring, air purification and desludging services. Financial terms were not disclosed. “This deal reflects Advent’s continued commitment to invest in the Greater China region and our confidence in building successful businesses with the support of our global network. LBS has a strong track record in providing pest control and hygiene solutions and quality services to customers. We look forward to helping it grow and expand its footprint in the region,” Andrew Li, Advent Managing Director.