How Private Equity Is Buying Up Pest Control Companies

In this episode of The Buyout Show, Lucas and Luna drill into a quiet consolidation wave sweeping the $22 billion pest control industry. They focus on Rollins Inc., the publicly traded parent of Orkin, and its 2025 acquisition spree—buying 17 regional operators in a single year, worth over $400 million combined. Then they examine Antares Capital's private equity roll-up of PermaTreat and Moxie Pest Control, and ask whether the industry's 'service techs as acquisition targets' model is sustainable. Specific numbers: Rollins's 9.2% organic revenue growth in Q1 2026, the 22x EBITDA multiple on a typical mid-market pest deal, and why termite contracts are the closest thing private equity has to recurring software revenue. No hot takes—just the math behind the exterminator buyout boom. #PrivateEquity #PestControl #RollinsInc #Orkin #AntaresCapital #RollUpStrategy #BusinessAcquisition #ServiceIndustry #EBITDA #TermiteContracts #RecurringRevenue #Consolidation #MergersAndAcquisitions #PermaTreat #MoxiePestControl #BusinessPodcast #FexingoBusiness #TheBuyoutShow Keep every episode free: buymeacoffee.com/fexingo