Choate advised Mainsail Partners in its equity investment in PestRoutes
Capital from Mainsail Partners will be used to accelerate product development and enhance customer service.
PestRoutes, a provider of business management software for the pest control industry, announced the company has taken an equity investment from Mainsail Partners, a growth equity firm that invests in fast-growing software companies. The company will use the capital to accelerate development of its cloud-based, mobile-friendly software platform used by pest control companies to run their day-to-day operations. Additionally, the company will further invest in its industry-leading customer service to continue to deliver the high quality of service its customers have come to expect.
PestRoutes was created by Green to help with his door-to-door pest control sales efforts. After realizing the existing pest control ERP systems were expensive, dated and bulky, Green focused on building a solution that was powerful, yet easy-to-use by pest control businesses of all sizes. He also recognized the importance of mobile functionality for the end-user and took a “mobile first” approach to building the product.
PestRoutes is a complete, end-to-end software solution which helps Pest Control companies lower operating costs, earn more customers, and increase customer retention. The easy-to-use and mobile-friendly software automates all aspects of field service operations, including route optimization, real-time technician tracking, customer communications, scheduling, sales enablement and billing.
Mainsail Partners is a San Francisco-based growth equity firm that invests in fast-growing bootstrapped software companies. Mainsail, led by Gavin Turner and C. Jason Payne has raised more than $750 million in committed capital.
Choate advised Mainsail Partners with a team including Lee S. Feldman (Picture), Timothy J. Becker, Sarah Hunt Broughel, Julia R. Hesse, Alison F. Reif, Mark A. DeFeo, Daniel L. Scales, Mark A. Bellis and John Marshall Chambers.
Involved fees earner: Lee Feldman – Choate; Mark DeFeo – Choate; Mark Bellis – Choate; Timothy Becker – Choate; John Marshall Chambers – Choate; Sarah Hunt Broughel – Choate; Julia Hesse – Choate; Daniel Scales – Choate; Alison Reif – Choate;
Law Firms: Choate;
Clients: Mainsail Partners;