Thompson Street Capital Partners Portfolio Company Pestco Holdings Acquires Reliable Pest Solutions
Dec 05, 2022•almost 3 years ago
Acquiring Company
PestCo Holdings
Acquired Company
Pest Solutions
Description
Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, today announced the acquisition of Reliable Pest Solutions (Reliable) by PestCo Holdings, LLC (PestCo), a TSCP portfolio company. Located in Hannibal, MO, Reliable is a provider of commercial and residential pest control in Missouri, Illinois, and Iowa. With the backing of PestCo’s team and resources, Reliable is positioned for future growth, while continuing to provide high-quality service to customers. Terms of the transaction were not disclosed.
M&A Insights
Based on deal dataIntegration 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