Centeroak Partners Acquires Pestnow And Forms Entomo Brands
08/01/23, 10:32 AM
Industry
finance
angel investment
venture capital
CenterOak Partners LLC (“CenterOak”), a Dallas-based private equity firm, today announced its portfolio company Palmetto Exterminators has acquired PestNow and formed Entomo Brands (the “Company”). Entomo Brands manages multiple insect-related service companies operating under well-established regional and local brands. The Company will maintain its corporate headquarters in Charleston, South Carolina and Palmetto Exterminators CEO Brian Butler will serve as CEO of the combined business. PestNow and Palmetto Exterminators will retain their existing trade names and continue to serve customers across the Southeast and Mid-Atlantic regions. Terms of the transaction were not disclosed.
Company Info
Company info
CenterOak Partners LLC is a private equity firm with a focus on making control-oriented investments in middle market companies organized or operating in the United States. The Firm specializes in three key industry sectors: Industrial Growth, Consumer, and Business Services. Based in Dallas, Texas, the CenterOak team has a strong history of creating significant value through operational improvements. CenterOak and its Partners have managed over $2.4 billion of equity capital commitments and have completed more than 150 transactions, representing over $8 billion in value. For additional information, please visit www.centeroakpartners.com