Halle Capital Management announces the establishment of the pest control company Rockit Pest in connection with the acquisition of Spencer Pest Services
NEW YORK–(BUSINESS WIRE) – Halle Capital Management (“Halle”), a New York-based growth investment company, today announced the establishment of Rockit Pest, Inc. (“Rockit”), a newly established company focused on the acquisition and operations of regional businesses Pest control focuses firms.
Rockit Pest was founded by Halle to help pest control companies looking to either change ownership or to partner with a group of seasoned executives to accelerate growth and help build a world-class pest control company. In addition to acting as a capital partner, Rockit brings operational, business, financial, strategic, and other advisory skills to help its pest control partners successfully scale their business.
In connection with the establishment of the Company, Rockit acquired Spencer Pest Services (“Spencer”), a Greenville, South Carolina-based provider of general pest control, termite treatment and other related services to residential and commercial customers throughout the South Upstate region Carolina and Northwestern North Carolina. Laura Corbin, granddaughter of the founder and President of Spencer Pest Services, will continue to run the business in partnership with Rockit.
Laura Corbin, President of Spencer Pest Services, said, “Rockit’s acquisition of Spencer Pest Services is a win-win for both our customers and our dedicated employees as it enhances our existing capabilities across our service area can offer us unique opportunities. We look forward to working closely with Jay and the team at Halle Capital and Rockit. ”
Jay Abramson, Senior Partner at Halle Capital, said, “Halle has invested in several consumer services companies that benefit from secular tailwinds, market fragmentation and greater technological support. The pest control industry shares these compelling traits. We are fortunate to work with Laura and hers Team on this first step in our journey to make Rockit Pest an industry leading player. ”
About Halle Capital Management
Halle Capital is a New York-based, growth stocks-focused investment firm providing capital and strategic guidance to healthcare, consumer and business services companies. We use our extensive experience, our solid professional network, our collaborative mindset and our deep understanding of growth drivers to work with business-oriented management teams. Further information is available at www.hallecapital.com.