M&A Advisors | HVAC, Plumbing & Home Services
M&A Advisors | HVAC, Plumbing & Home Services
· PEST CONTROL
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Where are pest control valuations right now and how does that compare to where they’ve been?
Pest control has experienced one of the most significant valuation expansions of any home services trade over the past decade, and unlike most other trades, that expansion has continued rather than contracted in the current market. Historically pest control companies sold at 2x to 3x SDE, a range that reflected a buyer pool made up largely of individual operators and local buyers without access to institutional capital.
As private equity recognized pest control specifically as a crown jewel recurring revenue asset, multiples expanded significantly and have continued to rise. PE-backed consolidators have been building platforms aggressively, creating sustained competition for quality businesses that pushed valuations higher. Pest control multiples actually increased in 2025 and early 2026 as PE capital specifically earmarked for the space continued to pursue a limited supply of quality independent operators.
That’s a meaningfully different story than HVAC, plumbing, or roofing, where post-COVID peaks have given way to a more normalized current market.
The honest message is that pest control owners who have built strong recurring revenue businesses are in one of the best windows to sell that the industry has seen. The buyers are there with capital, and the competition for quality businesses is real. That environment won’t last indefinitely, but right now it is genuinely favorable in a way that is specific to pest control and not broadly shared across home services.