LDC backs Pelsis to support ongoing organic growth strategy
The Pelsis Group are pleased to announce the investment in Pelsis Holding (UK) Ltd, the parent company of all legal entities of the Pelsis Group, by LDC, the UK’s most active mid-market private equity investor, on Friday August 25th 2017.
Peter Mangion, Pelsis Group CEO said “This transaction is the result of many months of dedicated work to secure an investor whose aspirations for our Group are well aligned with our own, and we are delighted that we have found that partner in LDC”.
Today, the business operates across 11 locations in Europe, Asia and North America and supplies customers in more than 80 countries. For the Group’s 270 employees it will be business as usual, with this investment also supporting the Group’s existing plans to open a brand new distribution site in Belgium in 2019, replacing the current nearby facility.
This latest investment will also support the Pelsis Group’s growth strategy as they look to acquire further assets in the pest control marketplace, building on the past acquisitions of brands including Insect-O-Cutor, Network, Edialux and Pest-Stop.