Elrod Enterprises, Inc.
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Elrod Enterprises, Inc. - overview
Established
2015
Location
-, TX, US
Primary Industry
Business Support Services
About
Elrod Enterprises, Inc. operates as PestForce USA, providing comprehensive pest control solutions for residential and commercial clients, focusing on effective management and prevention of infestations. Founded in 2015 and headquartered in Midlothian, US, Elrod Enterprises, Inc. specializes in pest control services.
The company has pivoted its strategy to focus on both residential and commercial pest management, enhancing its service offerings over time. Elrod Enterprises was acquired by PestCo Holdings, LLC in October 2022, a move that facilitates further growth in Texas. PestForce USA specializes in providing comprehensive pest control solutions for both residential and commercial customers. Their core offerings include residential pest control, commercial pest control, termite extermination, wildlife services, and mosquito control.
These services are designed to address a variety of pest-related issues, ensuring the health and safety of homes and businesses by mitigating infestations and providing long-term prevention strategies. The company employs a combination of traditional pest management techniques and modern technology to deliver effective solutions. PestForce operates in several key markets, including Austin/San Antonio, Dallas/Fort Worth (DFW), and Houston, targeting homeowners, businesses, and various commercial properties that require reliable pest management. PestForce generates revenue through direct service transactions with its clientele, including both residential homeowners and commercial businesses.
The company's business model primarily focuses on B2C interactions, where customers engage PestForce for one-time services or ongoing pest management plans. This structure involves subscription-like agreements for regular maintenance services, ensuring a consistent revenue stream. While specific pricing structures are not disclosed, the company's offerings likely include competitive rates for individual services, packaged service plans, and special promotions aimed at attracting new clients. PestForce’s commitment to customer satisfaction and relationship-building is reflected in its approach to service delivery, fostering repeat business and referrals.
With the acquisition by PestCo Holdings in October 2022, Elrod Enterprises, Inc. is poised to expand its residential and commercial operations throughout Texas. The funding from this transaction will support initiatives aimed at enhancing service capabilities and market reach, particularly in key regions such as Austin/San Antonio, Dallas/Fort Worth, and Houston. The strategic focus will involve launching new service offerings designed to meet evolving customer needs while solidifying the company’s presence in the pest management sector.
Current Investors
Thompson Street Capital Partners, PestCo, LLC
Primary Industry
Business Support Services
Sub Industries
Facilities & Maintenance Services, Home Repair Services
Website
www.pestforceusa.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Elrod Enterprises, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Elrod Enterprises, Inc. | - |
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