Industry up 12 percent in January, per Blair/PCO M&A Specialists index

The William Blair/PCO M&A Specialists Pest Index is a proprietary compilation of the monthly sales for 158 different U.S. pest control companies across 36 states. The total U.S. William Blair/PCO Bookkeepers & M&A Specialists Pest Index increased 12 percent year-over-year in January, a slight uptick from 11 percent growth in December and 10 percent growth in November. The long-term historical growth rate of the total pest index is 11 percent.

“January’s results indicate continued healthy growth across the U.S. structural pest control market,” William Blair Equity Researcher Tim Mulrooney said in the news release. “Our model currently projects 6 percent organic growth at Rollins in the fiscal first quarter, down slightly from 7 percent in the fourth quarter. Rollins management has called for another strong year of organic growth in 2024, supported by pricing of 3 percent to 4 percent and continued strength in residential recurring revenue.”

Dan Gordon, CPA, who is Pest Management Professional’s financial columnist as well as a partner in PCO Bookkeepers & M&A Specialists, added, “While the broader economy seems to be much more difficult to project, the pest industry seems to be consistent in its growth, making it a very attractive place to be.”

The January results by segment include:

• The Residential Pest Index increased 13 percent year-over-year.
• The Commercial Pest Index increased 15 percent year-over-year.
• The Termite Index increased 6 percent year-over-year.
• The Bed Bug Index increased 1 percent year-over-year.
• The Mosquito Index increased 3 percent year-over-year.

View the full report and the archive of past reports at SellMyPCOBusiness.com.

About the William Blair/PCO M&A Specialists Pest Index

The William Blair/PCO M&A Specialists Pest Index tracks the monthly performance of 149 privately held pest control companies across 38 states with combined annual 2022 revenue of $520 million. The purpose of the report is to track the monthly performance of several different U.S. pest markets. It does not include residential door-to-door companies.

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from Pest Management Professional https://www.mypmp.net/2024/03/13/industry-up-12-percent-in-january-per-blair-pco-ma-specialists-index/
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