TAMPA, Fla. – Certus Pest Control announced that it received a significant growth investment from Liberty Mutual Investments (LMI) together with a follow-on investment from Imperial Capital (Imperial). The new capital will be used to accelerate the pace of acquisition in existing markets as well as support entry into new markets. With the investment LMI will join Imperial Capital as a strategic and capital partner to Certus. LMI is the investment arm of Liberty Mutual Insurance Group.
“Our partnership with Imperial Capital over the past 5 years has built a truly differentiated pest control platform that is fully integrated and delivering industry-leading customer service. I am excited that LMI is joining Imperial as a partner to support the tremendous growth opportunity ahead,” said Dave Bradford, CEO of Certus. “After a two-year focus on integration and platform building, our team is now market-leading on all operational metrics and is energized to grow. We are prepared to make a bigger impact on the pest control industry by expanding our business, bringing on new teammates, and taking our business processes and systems into new markets. I am very proud of this team and excited for this next chapter in the Certus story.”
Gene Shkolnik, partner at Imperial, added, “We are excited to continue partnering with Dave and his team who are exceptional at what they do and, with additional support from LMI, we believe that Certus has an exceptional future.”
Certus said is focused on growing the pipeline of acquisitions and anticipates a significant number of new acquisitions throughout 2024 and onwards.
William Blair acted as the exclusive financial advisor to Certus in connection with its new growth capital investment.
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