Announced
Completed
Financials
Tags
United States
Domestic
Majority
Friendly
Private Equity
pest control services
Consumer Services: Other
Acquisition
Private
Single Bidder
Completed
Synopsis
CenterOak Partners-backed Palmetto Exterminators, a second-generation family-owned business providing pest control, completed the acquisition of PestNow, a company providing pest control services. Financial terms were not disclosed. “The PestNow acquisition is a great example of our theme-driven investment strategy focused on sourcing high-quality, closely held companies. We developed a thesis around the recurring, resilient and growing demand for pest control. As the first institutional capital provider to PestNow, CenterOak is well-positioned to support growth in the highly fragmented and attractive pest control services sector,” Jason Sutherland, CenterOak Co-Managing Partner.
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