Four Companies, One Industry

PFAS - An Introductory Overview to Forever Chemicals

A conversation with Dr Matt Freitag exploring the subject matter of PFAS, its potential impact on the pest control industry, but also understanding the broader aspects.

Four Companies, One Winner

Revenue tells you how big a business is. Organic growth tells you how well it is actually performing. In this second and final episode of the series, we go under the hood — examining growth quality, cash generation, and the execution layer behind the numbers. We also ask the question that no financial metric can answer: does the culture exist to deliver the strategy? Four companies. One framework. You decide who is winning.

Four Companies, One Industry

The global pest control market is worth $27 billion and growing fast. Four companies now control nearly half of global revenue — and 70% of the North American market. In this first episode, we introduce the four operators shaping the industry's future and tell their revenue stories.

Anticimex 2025 Annual Report Review - The Swedes are coming

In this episode, we break down Anticimex's 2025 Annual Report. How does a pest control giant with $1.75 billion in revenue, 21% margins, and 32 acquisitions in a single year still post a net loss? We unpack their aggressive North American expansion into Texas, the retention economics of their SMART digital platform, and the underlying tension between a highly efficient operating model and a heavy capital structure.

Ecolab Q1 2026 — The Pest Intelligence Declaration

Wall Street asked one question about pest on Ecolab's Q1 call. We unpacked everything they missed — 700,000 live sensors, north-of-20% underlying margins, and a public declaration that pest elimination is becoming pest intelligence. The future just got a number attached to it.