Thompson Street Capital Partners Portfolio Company Pestco Holdings Acquires Pointe Pest Control
Feb 22, 2022•over 3 years ago
Acquiring Company
PestCo Holdings
Acquired Company
Pointe Pest Control
Description
Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, today announced the acquisition of Pointe Pest Control – IL, LLC (Pointe) by PestCo Holdings, LLC (PestCo), a TSCP portfolio company. Through its brands - Pointe Pest Control in Illinois and Green Pest Services in Virginia - Pointe is a leading provider of residential pest control services. With the backing of PestCo’s team and resources, Pointe is positioned for accelerated growth while continuing to provide top-tier service for its 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