PestRoutes, a McKinney, Texas-based provider of software for pest control companies, received a majority investment from Gryphon Investors.
The amount of the deal was not disclosed.
Existing financial sponsor Mainsail Partners will retain a minority stake, as will PestRoutes co-founder, Jared Green. The current executive team, led by CEO Patrick McKittrick, will continue to manage the business. As part of the transaction, three Gryphon executives will join the PestRoutes Board of Directors – Nick Orum, President and Co-Head of the Software Group; Carl Theobald, Software Operating Partner; and Jon Cheek, Deal Principal in the Software Group at Gryphon – joining Mainsail Partner Jason Payne, who remains on the board.
Founded in 2012, PestRoutes provides business management software and, through its Lobster Marketing brand, integrated marketing solutions to pest control, lawn care, pool servicing, and other field service industries. The company’s software and mobile applications power the entire operations of pest control, lawn care, pool servicing, and other field service businesses.
PestRoutes serves over 1,500 residential and commercial pest control and field service companies, automating all aspects of their operations, including route optimization, real-time technician tracking, customer communications, scheduling, and billing.