Topic: Q2 Review
Guest: Dan Gordon & Donnie Shelton
In this episode we discuss:
Why Donnie did another price increase this month
How labor costs continue to be high
Whether or not we're in a recession
What Donnie is seeing at Triangle as far as the economy and demand
The most recent William Blair/PCO Bookkeepers & M&A Specialists Pest Index results
What Dan is seeing on the M&A front in terms of volume
The status of the private equity market in pest control
The state of the lawn care side of the business and how valuations are rising
The struggle with pricing on the digital marketing side of the business
Buying companies vs. acquiring customers via marketing
The importance of revenue growth vs. net account growth
Dan's and Donnie's thoughts on how things will go the rest of the year
The PCO Bookkeepers & M&A Specialists Pest Control Industry Cost Study
The William Blair/PCO Bookkeepers & M&A Specialists Pest Index
Notable: "Overall I would say (Q2 was) not great, not awful, better than expected." —Donnie Shelton
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