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Technology led growth In this interview, the continued growth in the value of pest management is debated. Growth in both the appreciation of its value to society, but also in the financial value to those businesses operating in this sector. Although the technician on the ground remains king, the use of digital technology continues to expand. Brian Monaghan is CEO and co-founder of Pest Pulse (https://www.pestpulse.com/), a technology-led pest services company headquartered in Dublin, Ireland but also offering services to commercial customers in the UK. Asked what makes Pest Pulse different, Brian explains the company always leads with remote monitoring as part of the package at a price equal to any regular contract. Pest Pulse was formed three years ago when Brian linked up with his old friend, Tim O’Toole, formerly of Pest Guard. Although Tim has pest management experience, Brian did not, having previous worked for online companies such as Paddy Power, an international currency operation and a food delivery firm. However, the two of them could see opportunities to ‘offer something different’ in pest management due to a mix of regulatory changes, particularly rodenticides, coupled with increasing demands from customers for technology-led service offerings. Looking for cash to develop the business, interest was shown from two venture capital firms, but the business was bought in 2019 by US-based Terminix (then ServiceMaster). As Brian explains: “This link gives us access to Terminix’s infrastructure and to resources that we otherwise wouldn’t be able to get.” Pest companies trading at high multiples An interesting discussion emerges between our TPM host, Daniel Schröer and Brian regarding venture capitalists, technology stocks and the increasing overlap into the pest management business. Pest control, as a value stock, has always traded at a high multiple – the industry is pretty recession proof, grows annually with a good revenue to cash flow generation and now trades more like technology stock at a high multiple ratio. As technology becomes increasingly available to this industry this will further improve multiples, growth and servicing – so raising the desirability of venture capitalists to invest. “Pest control is an in vogue industry, maybe for the first time, but we still need to capitalise on these opportunities,” Brian explains. Future market consolidation As to the future, Brian predicts further consolidation in the market with more acquisitions of medium to large servicing companies by the big four – notably Rentokil, Rollins (Orkin), Anticimex and Terminix.
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If you want to be part of Talking Pest Management email us at [email protected] and join the conversation @ Futura Germany
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Having been in the position of Deputy director at the Asociación Nacional de Empresas de Sanidad Ambiental (ANECPLA), the Spanish pest control trade association, for just over a year, Jorge Galván is passionate about training. In particular, the opportunities those within the industry have to raise not only their own profile, but also that of professionalism for the industry. Based in the Spanish capital, Madrid, Jorge has a PhD in architecture plus experience of working in the field of wood protection, in particular promoting wood as a construction material. For ten years, before joining ANECPLA he worked as a teacher at the Centre for Environmental Health Studies (CEDESAM) in collaboration with ANECPLA. So his passion for training can easily be understood. Asked for his view of the industry at the moment, Jorge explains how we now live in a changing world. The industry needs to prepare for reductions in the number of available biocides, to look for alternative methods of control, plus climate change and travel has caused the arrival of new invasive pest species. But, now in particular, we all faced change with the arrival of the coronavirus pandemic. But this can offer opportunities with the addition of disinfection services. The industry may well come out of this crisis in a stronger position. Training supports change To prepare for change, Jorge stresses the need for training – at all levels – not just technicians, but right through the industry, from those who answer the phone right up to the managers. For pest control companies, the majority whom are small & mid-sized enterprises (SME), management training must not be forgotten. As an industry, it is good at training on technical matters, but less so for business orientated ones. For the future, he once again stresses the need for training and its harmonisation across Europe, an objective CEPA contributes to. Pest management is an important role that often gets overlooked by public health as a whole – that is until something goes wrong. Technicians need to view themselves as consultants and to value their service. However, the first person anyone must value is themselves. Recognise the important role you play.
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For more breaking news, white papers, videos and more: www.futura-germany.com
Follow us on social media: LinkedIn: @futuragermany
Instagram: @futuragermany
acebook: @futuragermany
If you want to be part of Talking Pest Management email us at [email protected] and join the conversation @ Futura Germany
Futura Germany Podcast Listen on Spotify: https://spoti.fi/2KPaC4u
Listen on Apple Podcasts: https://apple.co/2xmJqkZ
Or on every other platform: @Talking Pest Management
In this interview we hear about pest control activities in Finland from Lars Schauman, the managing director of S-Tuholaispalvelut Oy. Based in Espoo, the second largest city in Finland, Lars is an early adopter of new ideas and is well known internationally for his search of new innovations. For rodent control, the devices provide the control, so does a technician need to be there? The task becomes one of measuring and recording it, so the use of remote digital monitoring and recording devices provides the solution. For the future, he is now considering switching all his remaining analogue clients to digital systems – not just for rodent control, but for all types of pest control.
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For more breaking news, white papers, videos and more: www.futura-germany.com
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Instagram: @futuragermany
acebook: @futuragermany
If you want to be part of Talking Pest Management email us at [email protected] and join the conversation @ Futura Germany
Futura Germany Podcast Listen on Spotify: https://spoti.fi/2KPaC4u
Listen on Apple Podcasts: https://apple.co/2xmJqkZ
Or on every other platform: @Talking Pest Management
The addition of Certus in the US to the acquisitions market is discussed. Operating only since spring 2019, this company has a declared intention of growing by acquisition so as to reach a top 10 position in the PCT top 100 company listing in the next few years. But as Paul highlights, this is a tough call when pitching against the existing four majors with their deep pockets. Regarding more practical advances, Paul predicts the use of digital technology will continue to grow albeit slowly and steadily by the smaller companies. He acknowledges that many of the activities of the pest control companies are based on the ‘old’ way of doing things, however the uptake of digital technology by the larger clients will drive acceptance forward.
Talking Pest Management is a leading worldwide source of pest control news and opinion. It is designed for business leaders and opinion formers around the globe and explores current market situations and also innovative new technologies. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the aim of helping people make informed business decisions in our industry and beyond.
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Subscribe on the latest insights on the pest management industry.
For more breaking news, white papers, videos and more: www.futura-germany.com
Follow us on social media: LinkedIn: @futuragermany
Instagram: @futuragermany
acebook: @futuragermany
If you want to be part of Talking Pest Management email us at [email protected] and join the conversation @ Futura Germany
Futura Germany Podcast Listen on Spotify: https://spoti.fi/2KPaC4u
Listen on Apple Podcasts: https://apple.co/2xmJqkZ
Or on every other platform: @Talking Pest Management
Kicking-off 2021, your Talking Pest Management host, Daniel Schröer, welcomes all listeners and wishes each and every one a happy new year. There is something of a change, as Daniel has no industry guest to interview....only a personal and heartfelt message. “The industry is my hobby and my passion. It means a lot to me that you let me be your host and that you like what I do. Thank you for all the support and positive comments you have sent me over the past year.” Daniel congratulates the industry as a whole for the way it has responded to the events of 2020 – a roller coaster year when business was turned upside down. The industry has proved itself to be a critical service and should rightly be proud of all its activities. He says: “When I retire I want to say I have done something good for our industry.” Reflecting on the activities of Talking Pest Management (TPM), Daniel explains how it began – to help fill that gap created when personal conversations and interactions were lost with the cancellation of all events and conferences. Over the months there have been thousands of TPM viewers, listeners or readers, ranging from technicians wanting to learn more about their industry, to research staff hearing about new developments, to company owners and CEOs keeping in touch with commercial activities. Thank you for your commitment and feedback. For the future, TPM interviews will be released every two, three or even every four weeks. It is quality rather than quantity that is important. The aim is to encourage people to ‘think outside the box’. What will our industry be like in 10 or 20 years time? Suggestions of topics and interviewees are always welcomed. Send these to Daniel. As Daniel says: “At the end of the day, we do this for you.”
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For more breaking news, white papers, videos and more: www.futura-germany.com
Follow us on social media: LinkedIn: @futuragermany
Instagram: @futuragermany
acebook: @futuragermany
If you want to be part of Talking Pest Management email us at [email protected] and join the conversation @ Futura Germany
Futura Germany Podcast Listen on Spotify: https://spoti.fi/2KPaC4u
Listen on Apple Podcasts: https://apple.co/2xmJqkZ
Or on every other platform: @Talking Pest Management
The logistical and legislative problems caused by invasive pest species are discussed in this interview with Hakan Kjellberg, technical director of Anticimex. Pests don’t need passports nor do they read labels!
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For more breaking news, white papers, videos and more: www.futura-germany.com
Follow us on social media: LinkedIn: @futuragermany
Instagram: @futuragermany
acebook: @futuragermany
If you want to be part of Talking Pest Management email us at [email protected] and join the conversation @ Futura Germany
Futura Germany Podcast Listen on Spotify: https://spoti.fi/2KPaC4u
Listen on Apple Podcasts: https://apple.co/2xmJqkZ
Or on every other platform: @Talking Pest Management
The actual control of pests for clients needs to become the target for the industry, rather than technicians simply acting as pesticide applicators is the key take home message from this interview with Dr Dini Miller.
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Follow us on social media: LinkedIn: @futuragermany
Instagram: @futuragermany F
acebook: @futuragermany
If you want to be part of Talking Pest Management email us at [email protected] and join the conversation @ Futura Germany
Futura Germany Podcast Listen on Spotify: https://spoti.fi/2KPaC4u
Listen on Apple Podcasts: https://apple.co/2xmJqkZ
Or on every other platform: @Talking Pest Management
The use of high tech data collection and the mapping of diseases transmitted by insects, in particular the Asian tiger mosquito, is the topic of this week’s interview with Guy Hendrickx of Avia-GIS.Based in Zoersel, near Antwerp in Belgium, Guy is the managing director of Avia-GIS, a small privately-owned research company founded in 2001. The company operates within the agricultural and animal health sectors, but the interview concentrates on Guy’s involvement with public health – in particular data collection and risk mapping via Vecmap of insects, in particular the increasing prevalence of the Asian tiger mosquito.
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Follow us on social media: LinkedIn: @futuragermany
Instagram: @futuragermany F
acebook: @futuragermany
If you want to be part of Talking Pest Management email us at [email protected] and join the conversation @ Futura Germany
Futura Germany Podcast Listen on Spotify: https://spoti.fi/2KPaC4u
Listen on Apple Podcasts: https://apple.co/2xmJqkZ
Or on every other platform: @Talking Pest Management
The secrets and successes of how digital marketing can be maximised in pest control is revealed in this week’s interview with Kevin Smith, Chief Marketing Officer for Rollins Inc.
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For more breaking news, white papers, videos and more: www.futura-germany.com
Follow us on social media: LinkedIn: @futuragermany
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acebook: @futuragermany
If you want to be part of Talking Pest Management email us at [email protected] and join the conversation @ Futura Germany
Futura Germany Podcast Listen on Spotify: https://spoti.fi/2KPaC4u
Listen on Apple Podcasts: https://apple.co/2xmJqkZ
Or on every other platform: @Talking Pest Management
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