Modern Pest Services
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Modern Pest Services - overview
Established
1945
Location
Brunswick, ME, US
Primary Industry
Consumer Services
About
Modern Pest Services delivers a wide range of pest control solutions for both residential and commercial clients, ensuring safe and effective management of pest issues through eco-friendly practices and tailored services. Modern Pest Services specializes in pest management solutions established in 1945 in Brunswick, US. It was acquired by American Pest Management, Inc. in July 2017, which supports its ongoing growth strategy.
The company operates primarily in Connecticut, Maine, Massachusetts, New Hampshire, and Rhode Island. Modern Pest Services offers comprehensive pest control solutions, including eco-friendly programs like HomeCare Green, which protects against over 55 household pests. Specialized services comprise SMART Rodent Control for proactive monitoring, YardGuard for mosquito and tick control, and organic pest management options. The company caters to homeowners and businesses, leveraging local expertise to address specific pest challenges.
Modern Pest Services generates revenue through a service-based model, engaging in direct transactions with clients. Their subscription-style contracts include bundled service plans for continuous pest management, reflecting a pricing structure that encompasses satisfaction guarantees and follow-up visits. Revenue is accrued from both one-time treatments and ongoing maintenance contracts, supporting customer retention. The acquisition of Modern Pest Services by American Pest Management, Inc.
in July 2017 is set to bolster its growth. The company plans to expand its market presence further into additional states by leveraging the resources of its parent company. Recent funding will be utilized to enhance operational capabilities and support the development of new pest management products to meet evolving customer needs.
Current Investors
American Pest Management, Inc.
Primary Industry
Consumer Services
Sub Industries
Home Repair Services
Website
www.modernpest.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Modern Pest Services - 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 | Modern Pest Services | - |
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