[ad_1]
Percheron Capital has created a pest management companies platform in partnership with trade veteran Mike St. Clair. The San Francisco, Calif.-based non-public fairness agency was based in 2020 and is targeted on partnering with middle-market service companies.
The platform will deal with constructing “a premier community of residential pest management companies suppliers by means of acquisitions and natural progress within the rising, resilient and extremely fragmented pest management market,” according to the news release.
St. Clair brings greater than 20 years of management expertise at a number of pest management companies. He beforehand led gross sales and advertising for Rentokil and was a key member of the senior government crew that tripled North American income to over $1.8 billion by means of natural progress initiatives and strategic acquisitions. Previous to Rentokil, St. Clair held senior administration positions for main residential service manufacturers at ServiceMaster, together with Terminix.
“We’re thrilled to companion with Mike to construct a preeminent pest management companies firm,” mentioned Chris Lawler, co-founder and managing companion of Percheron Capital. “Pest management companies are non-discretionary and profit from long-term tailwinds, together with growing pest prevalence and demographic shifts favoring outsourced pest management options. These tendencies, together with the trade’s important scale, recurring income profile and substantial degree of fragmentation, make pest management a thematic funding precedence for Percheron.”
“I’m excited to work with Percheron to type a market-leading pest management companies platform,” St. Clair mentioned within the information launch. “We’re dedicated to constructing the trade’s employer of selection and investing in our hardworking crew members – by means of coaching, incentives and state-of-the-art instruments and expertise – to enhance their effectiveness and create rewarding profession paths.”
[ad_2]
Comments are closed.