Innovative Pest Control Acquired by PestCo Holdings in Strategic Texas Expansion
Deal News | May 20, 2025 | Thompson Street Capital Partne
Thompson Street Capital Partners (TSCP), a private equity firm operating out of St. Louis, has officially announced the acquisition of Innovative Pest Control by PestCo Holdings, LLC, a company under its portfolio. Innovative Pest Control, known for its residential and commercial services in East Texas, will now benefit from PestCo's expansive resources and strategic guidance. Although the financial specifics of the acquisition remain undisclosed, this move underscores PestCo’s commitment to widening its reach in Texas. Jay Keating, CEO of PestCo, expressed confidence in maintaining customer loyalty and enhancing employee opportunities. The sellers, Tony and Kelly Santangelo, have expressed their optimism about aligning with PestCo's values. Additionally, PCO M&A Specialists played a crucial role as the exclusive financial advisor for this transaction, facilitating the seamless transition of ownership.
Sectors
- Private Equity
- Pest Control
- Mergers and Acquisitions
Geography
- United States – Thompson Street Capital Partners is based in St. Louis, Missouri, while Innovative Pest Control operates in East Texas.
Industry
- Private Equity – The article discusses the role of Thompson Street Capital Partners, a private equity firm, which supports PestCo Holdings' acquisition strategy.
- Pest Control – The pest control sector is the key industry in the acquisition, focusing on the services offered by both PestCo Holdings and Innovative Pest Control.
- Mergers and Acquisitions – The subject of the article is centered around an M&A transaction involving PestCo Holdings and Innovative Pest Control.
Financials
- Not Disclosed – The terms of the transaction between PestCo Holdings and Innovative Pest Control were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Thompson Street Capital Partners | Private Equity Firm | Company | The private equity firm backing PestCo Holdings in its acquisition of Innovative Pest Control. |
| PestCo Holdings, LLC | Bidding Company | Company | The portfolio company of TSCP that acquired Innovative Pest Control to expand its pest control services. |
| Innovative Pest Control | Target Company | Company | A leading pest control service provider in East Texas, acquired by PestCo Holdings. |
| Tony and Kelly Santangelo | Sellers | People | Owners of Innovative Pest Control prior to its acquisition by PestCo Holdings. |
| PCO M&A Specialists | Financial Advisor | Company | Served as exclusive financial advisor to Innovative Pest Control during the acquisition. |
| Jay Keating | CEO of PestCo | Person | CEO of PestCo Holdings, leading the company's strategic expansion in Texas. |
| Dan Cooper | Director, TSCP | Person | Director at Thompson Street Capital Partners, expressing support for the acquisition. |