Thompson Street Capital Partners, a private equity firm, has partnered with pest control industry executive Jay Keating to form an acquisition company, PestCo Holdings LLC. This move exists in order to consolidate the fragmented pest control industry.

The new partnership will focus on acquiring companies and assets to build a market-leading pest control business. In addition, Keating brings 25 years of industry experience to the new platform.

“We are excited to partner with Jay as part of this new endeavor,” said Jeff Aiello, TSCP managing director. “There is fierce competition for quality talent in the pest control industry, and after nearly a year of searching we are confident we found the right partner to help us consolidate this industry, drive organic growth, and create a market-leading integrated platform.”

“I am thrilled about the opportunity to work with TSCP to build a leading pest control company,” added Keating. “TSCP is an ideal partner with a demonstrated track record of working well with founder-owned businesses, demonstrating integrity, exceptional analytical horsepower, and enabling growth by providing the partnership and resources required to build successful companies.”