Dallas, TX – March 18, 2025 – Riata Capital Group is excited to announce that Greenix Pest Control, an RCG Fund II portfolio company, has completed the acquisition of Spidexx Pest Control, a well-established, Milwaukee based, pest management company known for its customer-focused approach and expertise in residential pest control. This strategic expansion strengthens Greenix's presence in key markets across Milwaukee, Wisconsin, and further reinforces its mission to deliver safe, effective, and environmentally responsible pest control services.
Greenix currently operates in 19 states, serving over 200,000 households across contiguous markets in the Midwest, Mid-Atlantic and East Coast. Headquartered in Utah, Greenix has earned a reputation for providing top-tier, sustainable pest control solutions tailored to the unique needs of the homes it serves.
Bob Nilsen, Chairman and CEO of Greenix, expressed his excitement about the acquisition, stating, "We are proud to welcome Spidexx to the Greenix family. Their dedication to outstanding service and commitment to protecting homes aligns perfectly with our core values. This partnership allows us to expand our reach while ensuring that customers continue to receive best-in-class pest control solutions."
The owners of Spidexx, Coleman Spaulding, Taylor Spaulding, and Ryan Coleman, stated, "We're excited to announce the sale of our Spidexx Pest Control Milwaukee office to Greenix Pest Control. This move represents a strategic step forward for our company, allowing us to focus on our core markets while entrusting this location to an industry leader known for its commitment to sustainable pest solutions. We're confident Greenix will continue to uphold the high standards of service our customers expect."
Greenix Pest Control was recently ranked as the 14th largest pest control provider in the U.S. by PCT Magazine, with over a decade of experience in delivering effective and sustainable pest control solutions. The company specializes in general pest and rodent control, mosquito and tick treatments, and other services designed to protect homes and families. Greenix now operates in 19 states and employs over 1,000 professionals across the country.
About Riata Capital Group
RCG is a leading Dallas-based private equity investment firm that partners with seasoned management teams to invest in growing, profitable, privately held companies with a focus on three industry sectors: business services, consumer, and healthcare services. Riata takes a selective approach to investing in high-potential businesses whose owners and management teams want an investment partner with the capital, experience, and record of successful collaboration required to achieve their liquidity and value-creation objectives. Over the course of their careers, the principals of RCG have deployed over $2 billion of capital into more than 45 platforms and 350 add-on acquisitions totaling over $7 billion in transaction value. The Firm targets equity investments of $25-150 million in companies with $5-30 million of EBITDA. With significant investment experience, a balanced team with financial and operating expertise, a strong team of seasoned operating partners, and significant experience in the firm’s targeted sectors, Riata provides a compelling value proposition to business owners and entrepreneurs.
