Dallas, TX – November 27, 2023 – Greenix Pest Control, the 12th largest independent pest control provider in the U.S., is pleased to announce its recent acquisition of Bamboo Pest Control in Ft. Wayne, Indiana. This acquisition marks another strategic step in Greenix's ongoing expansion and enhances its presence in the upper Midwest.
With the addition of Bamboo Pest Control, Greenix now operates in 18 states, serving over 180,000 households across the Mid-Atlantic, Midwest, Northeast, and its home state of Utah, where the company is headquartered. Since its establishment in 2011, Greenix has earned a distinguished reputation for delivering trusted, sustainable, and highly effective pest control services within the communities it serves.
Bob Nilsen, Chairman and CEO of Greenix, expressed his enthusiasm about the acquisition, stating, "We couldn't be more excited to welcome the Bamboo team to the Greenix Family. Our ongoing commitment to providing customers with a world-class pest control service remains true. We believe every customer deserves a service that is not only incredibly effective but environmentally responsible. This new partnership works seamlessly with our footprint, and our corporate cultures mesh very well. This is an exciting opportunity for both customers and employees alike."
With over a decade of experience, Greenix offers a range of premium pest control services, including general pest and rodent removal, as well as tick, flea, and mosquito control. Greenix currently operates in 18 states and employs over 1,000 employees nationwide.
About Riata Capital Group, LLC
RCG is a leading Dallas-based private equity investment firm that partners with seasoned management teams to invest in growing, profitable, privately held companies with a focus on three industry sectors: business services, consumer, and healthcare services. Riata takes a selective approach to investing in high-potential businesses whose owners and management teams want an investment partner with the capital, experience, and record of successful collaboration required to achieve their liquidity and value-creation objectives. Over the course of their careers, the principals of RCG have deployed over $2 billion of capital into more than 45 platforms and 200 add-on acquisitions totaling over $7 billion in transaction value. The Firm targets equity investments of $25-150 million in companies with $5-30 million of EBITDA. With significant investment experience, a balanced team with financial and operating expertise, a strong team of seasoned operating partners, and significant experience in the firm’s targeted sectors, Riata provides a compelling value proposition to business owners and entrepreneurs.