Thompson Street Capital Partners Portfolio Company PestCo Holdings Acquires University Termite & Pest Control

ST. LOUIS--(BUSINESS WIRE)--Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, today announced the acquisition of University Termite & Pest Control (University) 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 Tucson, Arizona, University 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. “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, said, "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

Founded in 2000, Thompson Street Capital Partners is a St. Louis-based private equity firm that invests in founder-owned, lower middle market businesses. Since inception, the firm has had $5.2 billion in commitments across the life sciences and healthcare, software and technology, business and consumer services and products sectors, whereby the firm identifies, acquires, and builds market-leading companies alongside founders and management through organic growth and complementary acquisitions. For more information, please visit www.tscp.com.