The total U.S. William Blair/PCO Bookkeepers & M&A Specialists Pest Index increased 14 percent year-over-year in May, 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,” says William Blair Equity Researcher Tim Mulrooney.
Dan Gordon, Managing Director of PCO Bookkeepers & M&A Specialists, notes, “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 Mosquito Index decreased 2 percent year-over-year.
View the full report and the archive of past reports at SellMyPCOBusiness.com.
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