Industry up 14 percent in May 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. For May, the index increased 14 percent year-over-year, showing a strong rebound from decelerating trends over the last several months (9 percent in April and 11 percent in March).

May’s results are above the long-term average index growth rate of 11 percent.

“In our view, May’s results imply that demand for pest control services remains strong, and the below-average performance in April was a result of unfavorable weather, rather than a material slowdown in consumer demand,” William Blair Equity Researcher Tim Mulrooney said in the news release.

Added Dan Gordon, CPA, who is Pest Management Professional’s financial columnist as well as a partner in PCO Bookkeepers & M&A Specialists, “The rebound in May continues to show the strength of the industry through uncertain times. From discussions with our clients, the tight labor market has made an even higher growth rate challenging, which supports our observation that the industry is healthy and growing.”

The April results by segment include:

• The Residential Pest Index increased 17 percent year-over-year.
• The Commercial Pest Index increased 19 percent year-over-year.
• The Termite Index increased 7 percent year-over-year.
• The Bed Bug Index increased 6 percent year-over-year.
• The Mosquito Index decreased 2 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 158 privately held pest control companies across 36 states with combined annual 2022 revenue of $538 million. The purpose of the report is to track the monthly performance of several different U.S. pest markets, including residential, commercial and termite. It does not include residential door-to-door companies.

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from Pest Management Professional https://www.mypmp.net/2023/07/10/industry-up-14-percent-in-may-per-blair-pco-ma-specialists-index/
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