ST. LOUIS - Thompson Street Capital Partners announced that portfolio company PestCo Holdings has invested in Elrod Enterprises, dba Pest Force and Boydstun Pest.
Pest Force operates across the major metropolitan areas of Texas with branch locations in Houston, Dallas-Fort Worth, and New Braunfels (Austin and San Antonio), and Boydstun operates in Midland, Texas. Terms of the investment were not disclosed. This is the seventh investment for acquisition company PestCo.
“Pest Force and Boydstun are well-managed, high-quality businesses with an excellent track record of growth,” said Jay Keating, CEO of PestCo. “We are excited to partner with Austin Elrod, Pest Force, and Boydstun to positively impact PestCo’s overall business and help in the next phase of Pest Force and Boydstun’s growth.”
Austin Elrod, founder and CEO of Pest Force, added, “It has always been my position to make the best decisions for the betterment of my employees, family, and customers. My employees and customers are going to benefit across the board from this transaction and I am thrilled for the opportunities ahead of them. I am confident in PestCo and what they bring to the table, and I am looking forward to working with them on achieving the highest levels of success in Texas and beyond.”
Jeff Aiello, managing director, TSCP, said, “We are excited to partner with the Pest Force and Boydstun teams and expand PestCo's presence in the Texas region alongside Ecoteam.”
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