CenterOak Partners Majority Recapitalizes Palmetto Exterminators
October 6, 2022
CenterOak Partners completed a majority recapitalization of Palmetto Exterminators, with the selling family retaining an equity stake and the incumbent senior management remaining in place. Palmetto, headquartered in Charleston, South Carolina, operates eight branches providing general pest, termite and mosquito control to residential and commercial customers across the Carolinas and Georgia; CenterOak intends to support the company's organic growth and roll-up strategy through add-on acquisitions.
- Buyers
- CenterOak Partners LLC
- Targets
- Palmetto Exterminators
- Sellers
- Selling family
- Industry
- Environmental Services
- Location
- South Carolina, United States
- Transaction Type
- Recapitalization
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