The Potomac Company is pleased to announce the acquisition of its client, Mick’s Exterminating, by PestCo Holdings, LLC (PestCo)—a portfolio company of Thompson Street Capital Partners (TSCP). This transaction serves as PestCo’s fifth investment since it was formed as an acquisition platform in 2021.
Mick’s Exterminating is a family owned and operated pest control company headquartered in O’Fallon, Missouri. Mick and Jan Ostrander founded the company in 1973 and recruited their son, Matt, to join the family business in 1991. Now president and owner of Mick’s Exterminating, Matt Ostrander and his team continue provide high quality residential and commercial pest control to the greater St. Louis area.
On the acquisition, Matt said, “Partnering with PestCo and TSCP offers great opportunities for our employees and broadens the range of services we can offer to our clients. I knew it was a perfect match since day one, and I’m looking forward to what the future holds for us.”
“Mick’s serves as a strategic addition to our rapidly-expanding business in the St. Louis market,” said Jay Keating, CEO of PestCo. “We look forward to partnering with the Mick’s team to scale the company’s operations and to positively impact PestCo’s overall business.”
TSCP’s Managing Director Jeff Aiello added, “Thompson Street is excited to continue to expand PestCo’s growing presence in the St.Louis region, clearly illustrated by the addition of a quality asset such as Mick’s to the portfolio. With the backing of PestCo’s team and resources, Mick’s is positioned for future growth while it continues to provide high-quality service to customers.”
Mick’s Exterminating was advised by Paul Giannamore and Franco Villanueva-Meyer of The Potomac Company in this transaction. Terms of the transaction were not disclosed.