Morganville, N.J.-based Arrow Pest Control has been a trusted name in New Jersey pest control for over 50 years, serving both residential and commercial customers throughout the state. The addition of Arrow strengthens PestCo’s capabilities in the New Jersey market. Terms of the transaction were not disclosed.
Stewart Lenner, owner of Arrow Pest Control, said in a news release, “Our people have always been the heart of Arrow, and protecting their future was one of the most important factors in this decision. After careful consideration, I truly believe partnering with PestCo is in the best long-term interest of the entire Arrow family – both our dedicated team members and the thousands of clients who have placed their trust in us. From our very first conversations, the PestCo team demonstrated professionalism, integrity, and a genuine respect for the culture and values that have made Arrow successful.”
“We’re excited to accelerate PestCo’s growth in New Jersey while building upon Arrow’s long history of quality pest control service. We look forward to earning the continued loyalty of Arrow’s customers and creating opportunities for our new team members,” said Jay Keating, CEO of PestCo in a news release.
“Thompson Street is excited to back PestCo’s acquisition of Arrow Pest Control, a trusted name in New Jersey pest control built over more than 50 years. Arrow’s reputation for quality service and customer loyalty make it an ideal addition to the PestCo platform,” added Dan Cooper, managing director at TSCP.
About Thompson Street Capital Partners
Thompson Street Capital Partners is a middle-market private equity firm that helps transform already exceptional businesses into market leaders. Based in St. Louis, Missouri, TSCP invests globally in the life sciences and healthcare, software and technology, business and consumer services and products sectors. TSCP partners with management teams to increase value by accelerating growth, both organically and via complementary acquisitions.
<p>The post PestCo acquires Arrow Pest Control first appeared on Pest Management Professional.</p>
from Pest Management Professional https://www.mypmp.net/pestco-acquires-arrow-pest-control/
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