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Gridiron Capital acquires Greenix Pest Control

Jul 28, 202510 days ago

Acquiring Company

Gridiron Capital

Acquired Company

Greenix Pest Control

New CanaanOremVenture CapitalProfessional Services

Description

Riata Capital Group has sold Greenix Pest Control to Gridiron Capital. The transaction's terms were not disclosed. Greenix has significantly grown under Riata's ownership, increasing customer count and revenue by over 150%. This acquisition positions Greenix well for continued expansion in the pest control market.

Company Information

Company

Gridiron Capital

Location

New Canaan, Connecticut, United States

About

Gridiron Capital is an investment firm focused on partnering with founders, entrepreneurs, and management teams, and creating value by building middle market companies into industry leaders in branded consumer, B2B and B2C services, and niche industrial segments in the United States and Canada. Gridiron helps transform growing companies by winning together through hard work, partnerships grounded in shared values and a unique culture that comes from hands-on experience building and running businesses. As a team led by former operators and entrepreneurs, Gridiron knows what it takes to run successful businesses on a day-to-day basis. Additional information is available on the firm's website: www.gridironcapital.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed