Veseris
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Veseris - overview
Established
2020
Location
Austin, TX, US
Primary Industry
Chemicals
About
Veseris is a US-based distributor specializing in innovative pest control solutions, focusing on rodent control technology and comprehensive mosquito management programs to enhance pest management efficiency. Veseris operates as a distributor of pest control products, established in 2020 and headquartered in Austin, US. The company underwent a Corporate Carve Out in December 2019, when AEA Investors acquired Univar Solutions' Environmental Sciences business for USD 195 mn. The acquisition aims to expand Veseris's capacity in the chemical distribution and ingredient business.
Ken Bradley serves as CEO. Veseris specializes in providing comprehensive pest control solutions, primarily focusing on rodent control technology and integrated mosquito management programs. Their core offerings include innovative products such as the In2Care mosquito trap, which effectively targets mosquito breeding sites while delivering immediate knockdown and prolonged prevention of infestations. This product, along with others from the Catchmaster brand, is designed for professional pest control applications, serving various sectors, including commercial kitchens and residential areas.
Veseris's clientele includes pest control professionals and businesses across North America and international markets, leveraging their expertise to enhance operational efficiency. Veseris generates revenue through B2B transactions with pest control professionals and businesses requiring pest management solutions. The company offers a range of products and services, including proprietary items like the In2Care mosquito trap and other branded pest control solutions, sold through over 70 ProCenter locations across North America. Their transaction model includes direct sales and partnerships with distributors, enabling effective access to various service areas.
The pricing structure accommodates bulk purchases and ongoing supply agreements, fostering long-term client relationships. Veseris plans to leverage recent funding from the Corporate Carve Out to enhance its product offerings and expand its market reach. The acquisition will support the growth of their chemical distribution and ingredient business. Although specific new products are not detailed, the company is positioned to innovate within the pest control sector.
Additionally, the company may target expansion into new geographic regions, although specific markets and timelines for these initiatives have not been disclosed.
Current Investors
AEA Investors
Primary Industry
Chemicals
Sub Industries
Facilities & Maintenance Services, Pollution Control, Logistics & Distribution, Agricultural Chemicals
Website
www.veseris.com/
Verticals
E-commerce
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Veseris - 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 | Tessman Companies Inc. | - | ||||||||
| Add-on | Completed | Lynde Company, LLC | - | ||||||||
| Corporate Carve Out | Completed | Veseris | - |
Displaying 1 - 3 of 3
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.