How Private Equity Is Buying Up Pest Control Companies

The Buyout Show with Fexingo: Private Equity, Roll-Ups, and Business Acquisitions · Jun 16, 2026 · 14m · transcript

Private equity has been consolidating pest control for over a decade, but the pace has accelerated dramatically since 2020. In this episode, Lucas and Luna break down the economics that make termite and rodent control such an attractive roll-up target: recurring revenue from annual service contracts, high margins on chemical treatments, and the ability to cross-sell to a massive homeowner base. They examine the two dominant platform firms — Rollins, which owns Orkin, and ServiceMaster, which owns Terminix — and trace how PE-backed upstarts like Rentokil's American subsidiary are using…