PestCo, a portfolio company for private equity firm Thompson Street Capital Partners, has acquired the assets of Presto Pest Control, Inc. This marks the first purchase made by PestCo, an acquisition company formed to consolidate the fragmented pest control industry.

Presto is a provider of commercial pest control services in the MidAtlantic with a focus on servicing the restaurant industry.

“Presto is an ideal starting point for our consolidation efforts at PestCo,” said Jay Keating, CEO of PestCo. “Ken Fox has built a high-quality organization over many years with a concentrated footprint in attractive markets in the middle Atlantic.”

“Presto has taken great pride in consistently delivering aggressive service coupled with a personalized approach from our technicians and people in the office,” added Ken Fox, founder of Presto. “We chose to partner with TSCP because of their demonstrated ability to take Presto to the next level by their commitment to maximizing growth opportunities and cultivating synergistic deals yet maintaining the culture of Presto Pest Control.”