The William Blair/PCO M&A Specialists Pest Index is a proprietary index of the month-to-month gross sales for 140 completely different U.S. pest management corporations throughout 30 states. For August 2022, the whole U.S. pest index elevated 18 p.c year-over-year.
The pickup in progress was pushed by an acceleration throughout all 4 sub-indices (residential, industrial, termite and mattress bug).
“The leads to August had been considerably shocking, given the slowdown noticed in June and July, and are extra indicative of the kind of progress recorded all through the primary half of 2022,” mentioned William Blair Fairness Researcher Tim Mulrooney. “The long-term historic common for the whole pest index is 10.8 p.c.”
Dan Gordon, PCO M&A Specialists managing member and Pest Management Professional magazine’s financial columnist, added, “Regardless of all of the destructive financial information, August was a very good month for the pest management business, as soon as once more exhibiting our resilience and resistance to downturns.”
The Residential Pest Index elevated 20 p.c year-over-year and seven p.c on a sequential foundation. The Business Pest Index elevated 16 p.c year-over-year and 5 p.c on a sequential foundation. The Wooden Destroying (Termite) Index elevated 13 p.c year-over-year and 9 p.c on a sequential foundation. The Mattress Bug Index elevated 4 p.c year-over-year and 10 p.c on a sequential foundation.
View the complete report and the archive of previous reviews at SellMyPCOBusiness.com.
In regards to the William Blair/PCO M&A Specialists Pest Index
The William Blair/PCO M&A Specialists Pest Index tracks the month-to-month efficiency of 150 privately held pest management corporations throughout 31 states with mixed annual 2021 income of $435 million. The aim of the report is to trace the month-to-month efficiency of a number of completely different U.S. pest markets, together with residential, industrial and termite. It doesn’t embody residential door-to-door corporations.