Episode 32 — The Stevenson Sessions, Part 2: CFO Doug on Modern's Moneyball

The Boardroom Buzz: Grow, Sell, or Exit · Dec 3, 2020 · 1h 30m

Doug Stevenson and his brothers grew Modern Pest Services to $18 million before selling to Anticimex. It would be hard to find a process at Modern in which Doug did not include in a financial system.

Doug found himself entrenched in cost analysis study after study. It was his tenacity that helped 5x Modern's net income in one year. Adjustable initial service charges and subscription billing helped Modern weather New England seasons.

With a name like Modern, it's hard to avoid innovation. In the early 2000's, it was Doug who set the bar with PestPac routing & integrations. Doug recounts…