ST. LOUIS–(BUSINESS WIRE)–Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, today announced the acquisition of Alliance Commercial Pest Control, Inc. (“Alliance”) by PestCo Holdings, LLC (PestCo), a TSCP portfolio company. Located in Tinton Falls, NJ, Alliance is a provider of commercial and residential pest control in New Jersey, New York, and Pennsylvania. With the backing of PestCo’s team and resources, Alliance is positioned to continue to expand their business within the region’s commercial food and beverage sector. Terms of the transaction were not disclosed.
This is the sixth investment for PestCo, an acquisition company formed to consolidate the highly fragmented pest control industry.
“We are proud to make our entry into the New Jersey market with such a stable and promising company,” said Jay Keating, CEO of PestCo. “We are looking to grow this business and by doing so create opportunities for all members of the Alliance team.”
“Alliance was built on providing top quality pest control services to our clients for decades,” said R. Brett Madden, President of Alliance. “Partnering with TSCP enables Alliance to continue to support a strong future for our existing team while strategically scaling growth opportunities in various vertical markets.”
“We are excited to partner with the Alliance team and expand PestCo’s growing presence in the middle Atlantic region,” said Jeff Aiello, Managing Director, TSCP. “Alongside our previous acquisition of Presto, Alliance serves as a strategic addition to our rapidly growing food and beverage commercial business in the area.”
Paul Giannamore and Franco Villanueva-Meyer of The Potomac Company represented and acted as the exclusive financial advisors to Alliance in this transaction.
About Thompson Street Capital Partners
Thompson Street Capital Partners (TSCP) is a St. Louis-based private equity firm focused on investing in founder-led middle market businesses. We have acquired more than 150 companies in the Healthcare & Life Science Services, Software & Technology Services and Business Services & Engineered Products sectors and have managed more than $3.6 billion since being founded in 2000. TSCP partners with management teams to increase value by accelerating growth, both organically and via complementary acquisitions.
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Kylie Wilcox
BackBay Communications
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kylie.wilcox@backbaycommunications.com
