CenterOak Partners Acquires PestNow, Forms Entomo Brands

Key Points:

• Dallas-based private equity firm, CenterOak Partners, has announced the acquisition of PestNow by its portfolio company, Palmetto Exterminators.
• The acquisition has led to the formation of Entomo Brands, which will oversee multiple insect-related service companies operating under established regional and local brands.
• The corporate headquarters of Entomo Brands will remain in Charleston, South Carolina.
• Brian Butler, CEO of Palmetto Exterminators, will serve as the CEO of Entomo Brands.

In Conclusion:

Dallas-based private equity firm CenterOak Partners has made a significant move in the pest management industry with the acquisition of PestNow by its portfolio company, Palmetto Exterminators. This acquisition has resulted in the formation of Entomo Brands, a company that will oversee multiple insect-related service companies operating under well-established regional and local brands. With Brian Butler, CEO of Palmetto Exterminators, at the helm as CEO of Entomo Brands, the company is well-positioned to expand and strengthen its presence in the market.

https://www.mypmp.net/2023/08/01/centeroak-partners-acquires-pestnow-forms-entomo-brands/