Latest news with #Greenix
Bloomberg
7 days ago
- Business
- Bloomberg
Golub Leads $300 Million Loan for Pest Control Company Greenix
Golub Capital led a private credit loan of around $300 million to support private equity firm Gridiron Capital 's purchase of pest control company Greenix, according to people with knowledge of the matter. Churchill Asset Management, Morgan Stanley 's private credit arm and Apogem Capital also participated in the deal, said the people, who asked not to be identified discussing private information.
Yahoo
30-07-2025
- Business
- Yahoo
Greenix Joins Forces with Gridiron Capital to Fuel Growth
Customer-Focused, High-Performance Pest Control Platform Begins New Era of Growth with Gridiron Capital OREM, Utah, July 30, 2025 /PRNewswire/ -- Greenix Pest Control ("Greenix"), one of the nation's fastest-growing residential pest control companies, today announced a strategic partnership with Gridiron Capital Partners. This milestone marks the beginning of an exciting new chapter for Greenix as it accelerates the growth of its high-performance platform and reinforces its leadership in the pest control industry. Founded in 2011 and headquartered in Orem, Utah, Greenix now protects more than 250,000 homes across 19 markets in 16 states. With 37 branches and a strong footprint in the Midwest and Northeast, Greenix delivers comprehensive pest management services—from general residential pest control to targeted treatments for rodents, mosquitoes, ticks, termites, and bed bugs. "This partnership with Gridiron Capital is a pivotal step toward unlocking the full potential of our exceptional team and platform," said Bob Nilsen, CEO of Greenix. "From our first conversations, it was clear that Gridiron shares our purpose-driven mindset—a deep commitment to people, and a core ethos centered on integrity, and excellence. We're energized to partner with a group that not only brings proven results, but also truly values what makes Greenix different." The Greenix team has collectively achieved rapid, values-led growth while remaining focused on long-term customer care. Since partnering with Riata Capital Group in 2020, Greenix has: Increased households served and revenue by over 150%, driven primarily by organic growth Generated over 40% of annual sales through digital channels Completed and integrated five strategic acquisitions, including:-Rise Pest Control (2021)-Bamboo Services (2023)-Insight Pest Solutions (2024)-ProActive/Spidexx (2025)-Rove Pest Control (2025) "Our time with Riata was transformational," Nilsen added. "Their belief in our vision helped us scale responsibly, expand into new markets, and invest in the people and technology that power our platform. But more than anything, we've preserved the customer-first, mission-driven culture that defines us. Gridiron's focus on building enduring, values-aligned businesses makes them the ideal partner for our next chapter." The new partnership positions Greenix for continued success through organic growth and strategic acquisitions, with an emphasis on market expansion, innovation, and cultural continuity under one unified brand. William Blair served as lead financial advisor. Kirkland & Ellis provided legal counsel. LR Tullius also advised Greenix on the transaction. About Greenix Pest Control Greenix is one of the largest independent residential pest control companies in the United States, delivering safe, eco-friendly pest control solutions that protect people, pets, and property. Ranked the 13th largest pest control service platform in the U.S. by Pest Control Technology (PCT), Greenix serves over 250,000 customers through 37 branches across 19 markets in 16 states. With a steadfast commitment to operational excellence, innovation, and purpose-driven service, Greenix continues to set the standard in customer care and sustainable growth. Learn more at About Gridiron Capital Gridiron Capital is a private equity firm that partners with founders and management teams to build market-leading companies in the business services, consumer, and niche industrial sectors. For more information, visit For media inquiries, please contact:Ben CranerEmail: media@ Web: View original content to download multimedia: SOURCE Greenix Pest Control Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
