LDC exits Pelsis following international growth journey
5 Aug 2021
We have always been focused on our objective to become a world leading supplier of pest control products. LDC has been a supportive investor throughout our partnership. They knew we wanted to grow through acquisition and they absolutely delivered by helping us to make three significant acquisitions. Today the business is a leader across multiple categories."
“We are very excited to begin this new chapter for Pelsis together with Pamplona. Pamplona will actively support Pelsis in achieving our shared goals and growing further into the US and Europe, consolidating our position as a market leader and introducing new, innovative products to the market. Having met the Pamplona team, we look forward to working with them in driving the company’s further success.”
Dale Alderson, Head of the North West at LDC, added: “We partnered with Pelsis to support its international acquisitive growth strategy. During our partnership, Andrew and his team have cemented Pelsis’ market-leading position by making astute acquisitions. I have no doubt they will continue to go from strength to strength as they continue to expand across the world.”
Martin Schwab, Co-Managing Partner at Pamplona, said: “We are looking forward to partnering with Andrew and the management team of Pelsis and are impressed by the work they have done to build the company into an attractive growth platform in recent years. As a global leader in the highly resilient pest control market, we believe Pelsis is very well positioned to take advantage of the strong trend towards greater focus on health and hygiene, and continued growth and development of the pest control industry.”
Pelsis was advised by Rothschild (financial advice), DLA Piper (legal advice), PWC (financial due diligence) and OC&C (commercial due diligence).
Pamplona was advised by Houlihan Lokey and William Blair (financial advice), and Kirkland & Ellis (legal advice).