ST. LOUIS — PestCo Holdings, a portfolio company of Thompson Street Capital Partners (TSCP), has acquired Arrow Pest Control of Morganville, N.J. The acquisition was announced by TSCP.
Arrow has been a trusted name in New Jersey pest control for over 50 years, serving both residential and commercial customers throughout the state, TSCP said. The addition of Arrow expands PestCo's capabilities in the New Jersey market. Terms of the transaction were not disclosed.
“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.
Stewart Lenner, owner of Arrow Pest Control, said, “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.”
Paul Giannamore and Franco Villanueva-Meyer of The Potomac Company acted as the exclusive financial advisors to Arrow Pest Control.
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