AUSTIN, Texas and MIAMI — Alta Pest Control announced a minority growth investment from Trivest Partners, a Miami-based private investment firm.
The investment was made from the Trivest Growth Investment Fund (TGIF), a dedicated non-control fund launched in 2016 to solve founders’ need for a value-added capital partner while maintaining operational and financial control of their business.
Founded in 2013 and based in Austin, Texas, Alta is a residential pest control provider. Alta was founded by the Langlois family (Chris, Michael, and Tyler) in Seattle, Wash. Over the course of the past decade, the Langlois family grew Alta organically until meeting Ardent Pest Control in 2022 and officially joining forces with co-founders Preston Peterson and Aaron Curtis through a merger that doubled the organization.
Alta serves nearly 50,000 households across Texas, Oklahoma, Tennessee, Missouri, Kansas, North Carolina, Nevada, Virginia, and Washington.
“For over a decade, Alta has maintained its mission to provide safe and effective solutions with a customer-first mindset,” said Chris Langlois, CEO of Alta Pest control. “I candidly was not aware that a non-control structure was an option but it was ideal for Alta. This structure with Trivest affords us the flexibility to continue to execute on our vision with additional support and resources from a partner that shares our values and growth plans for this next stage of our business.”
Amir Mirheydar, partner at Trivest, said, “We’re beyond excited to support Chris and team in their commitment to serve customers the Alta way through service quality and reliability. Alta has done a tremendous job over the past decade and we’re looking forward to being a catalyst for the growth in the years to come.“
William Blair served as the exclusive financial advisor to Trivest in the transaction. TGIF II, with $435 million in committed capital, provided the Alta investment on behalf of Trivest.
Source: Businesswire
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