PestBrief Acquirers Arrow Exterminators Acquisitions
Private company Founded 1964 · Atlanta, GA

Arrow Exterminators Acquisitions

Arrow Exterminators is the 5th-largest US pest control company, headquartered in Atlanta, GA. It is partially employee-owned (ESOP) and acquires 8–15 pest control companies per year at 1.1–1.5× revenue. Arrow is known for retaining acquired brands for 12–18 months post-close. Texas has been a stated acquisition priority since 2022, with active deal activity in DFW and Houston.

Arrow Exterminators is the 5th-largest pest control company in the US, operating primarily in the Southeast and Southwest. Family-owned and employee-owned (ESOP), Arrow is an active acquirer with a track record of retaining acquired brands and maintaining operator culture.

Acquisition profile
Revenue $600M+ (est., 2024)
Employees 5,000+
Deal pace 8–15 US deals/year
Multiple range 1.1–1.5× revenue
Preferred size $1M–$10M revenue
TX presence Growing

Texas markets

Growing — entered Texas market via acquisitions 2018–2022

Preferred service mix

Types of operator books Arrow actively targets

ResidentialTermiteCommercial

Acquisition approach

Arrow is known for preserving the culture of acquired companies. They often retain original owner names and branding for 12–18 months. Partial ESOP ownership means employees have a stake in the business — Arrow looks for operators whose team would be receptive to this model. Texas is a growth priority for Arrow in 2024–2026.

Key facts

  • · Partially employee-owned (ESOP) — employees have direct equity stake
  • · Retains acquired brands longer than most national acquirers
  • · Texas has been a stated acquisition priority since 2022 annual report
  • · Founder Starkey family still active in leadership
  • · Ranked #5 nationally by revenue; growing faster than Orkin and Terminix

Recent Arrow acquisitions

2024
Multiple TX tuck-ins
DFW and Houston
Continued TX expansion strategy
2023
Peachtree Pest Control
Georgia
Large Southeast tuck-in; demonstrates appetite for $5M+ deals
2022
Undisclosed TX platform
Dallas-Fort Worth
Primary TX entry vehicle

Deal list is representative, not exhaustive. Many tuck-in acquisitions are not publicly disclosed.

Frequently asked questions about Arrow Exterminators

Is Arrow Exterminators employee-owned? +
Partially. Arrow Exterminators has an Employee Stock Ownership Plan (ESOP) that gives employees a direct equity stake in the company. This ownership model is a key differentiator in acquisitions — Arrow looks for operators whose teams would be receptive to shared ownership.
Is Arrow Exterminators acquiring in Texas? +
Yes. Texas has been a stated acquisition priority for Arrow since 2022. Arrow completed its primary Texas market entry through a DFW platform acquisition and is adding tuck-ins in Houston, Austin, and San Antonio.
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