Thompson Street Capital Partners Portfolio Company PestCo Holdings Acquires Southwest Exterminating
Thompson Street Capital Partners Portfolio Company PestCo Holdings Acquires Southwest Exterminating
ST. LOUIS--(BUSINESS WIRE)--Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, today announced the acquisition of Southwest Exterminating (Southwest) by PestCo Holdings, LLC (PestCo), a growth-oriented, national provider of pest control services to residential and commercial customers and a TSCP portfolio company. Based in Houston, TX, Southwest is a leading provider of commercial and residential pest control services in Texas. This acquisition represents a strategic expansion in the Houston market, one of the fastest growing cities in the U.S. Terms of the transaction were not disclosed.
“We are excited to expand our presence in the great state of Texas and specifically in the Houston market with the addition of Southwest Exterminating. We will strive to earn the loyalty of these customers while expanding opportunities to our Team Members across the U.S.,” said Jay Keating, CEO of PestCo.
Nick and Susan Spillios, owners of Southwest Exterminating, added, "Southwest Exterminating has been a huge part of our lives and the lives of so many great people in the greater Houston area. Since our founding in 1969, the Spillios family built something we’re truly proud of, grounded in integrity, service, and a commitment to doing right by our team and our customers. As we begin this new chapter with PestCo, we’re confident we’ve found the right partner to carry that legacy forward. Their values align with ours, and we know they’ll continue to take care of the people and the communities we’ve worked so hard to serve.”
“Thompson Street is pleased to support PestCo’s continued expansion in Texas through the acquisition of Southwest, a well-established provider in the region,” said Dan Cooper, Managing Director at TSCP.
About Thompson Street Capital Partners
Thompson Street Capital Partners (tscp.com) 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.
Contacts
Camaryn Sapienza
Gregory
(630) 699-9865
csapienza@gregoryagency.com
