ServiceMaster

News

Back on Track

25.02.2021, 13:00 Back on Track Terminix has reported strong revenue growth for the fourth-quarter of 2020, and adjusted its Full-Year 2021 revenue forecast to between US $2,025 and US $2,050, in unaudited accounts released today. For the fourth quarter of 2020, the Company reported a revenue increase of four percent to $460 million. Net income…

News

Teminix Appoints EVP and CFO Designate

07.12.2020, 14:33 Teminix Appoints EVP and CFO Designate Terminix has appointed Robert (Bob) Riesbeck as executive vice president and Chief Financial Officer designate. Riesbeck, who assumes the position of EVP immediately, will additionally become CFO on the retirement of current holder of the position and senior vice president, Tony DiLucente, in early 2021. DiLucente, who…

News

ServiceMaster Completes US $1.5 Billion Disposal of Franchise Business

01.10.2020, 14:50 ServiceMaster Completes US $1.5 Billion Disposal of Franchise Business ServiceMaster Global Holdings has completed the sale of the ServiceMaster Brands franchise business to Roark Capital for US $1.553 billion, and confirmed it will rebrand as Terminix Global Holdings (NYSE Ticker symbol: TMX) on Monday, 5th October. Commenting, CEO Brett Ponton, said: “Today marks…

Events

ServiceMaster Employees Host “Virtual We Care Week”

22.09.2020, 13:16 ServiceMaster Employees Host “Virtual We Care Week” Thousands of ServiceMaster and Terminix employees are volunteering their support for community organizations across the United States as We Care Week enters its second day. 2020 marks the seventh consecutive occasion on which ServiceMaster and its subsidiary brands have celebrated annual signature event, “We Care Day”.…

News

ServiceMaster to Rebrand as Terminix

15.09.2020, 16:13 ServiceMaster to Rebrand as Terminix ServiceMaster Global Holdings has confirmed it will rebrand as Terminix Global Holdings on the expected completion of the acquisition of the ServiceMaster Brands business by Roark Capital in the next 30 days. The company has also confirmed its ticker symbol on the New York Stock Exchange (NYSE) will…

News

Roark Capital to Acquire ServiceMaster Brands

02.09.2020, 16:18 Roark Capital to Acquire ServiceMaster Brands ServiceMaster Global Holdings has concluded an agreement to sell its ServiceMaster Brands franchise business to an affiliate company of Roark Capital for US $1.553 billion. The transaction is expected to close in approximately 30 to 60 days, subject to customary legal and regulatory closing conditions. The transaction…

News

ServiceMaster Names New CEO

06.08.2020, 13:48 ServiceMaster Names New CEO ServiceMaster has completed its search for a new Chief Executive Officer with the appointment of Brett T. Ponton who is expected to assume his new position on or before 1 October 2020. Ponton takes over from Chairman, Naren Gursahaney, who has held the post of Interim CEO after the…

News

ServiceMaster Launches Anti-Microbial Solutions

13.07.2020, 16:10 ServiceMaster Launches Anti-Microbial Solutions ServiceMaster Brands will be making EPA-approved antiseptic and anti-microbial products with an active life of up to 90 days available to 1,200 ServiceMaster Restore and ServiceMaster Clean franchises in the United States under an exclusive agreement with Goldshield Technologies. Goldshield products are approved for a wide variety of applications,…

News

ServiceMaster Announces Full-Year 2019 Revenue Growth

27.02.2020, 13:08 ServiceMaster Announces Full-Year 2019 Revenue Growth ServiceMaster has announced a year-on-year increase in revenue to US $2,077 million (a rise of 9 per cent) with net income of $128 million which includes an 11 per cent increase over the final quarter of 2019. Net income growth in the final quarter of the year…

News

ServiceMaster Appoints Interim CEO

21.01.2020, 13:14 ServiceMaster Appoints Interim CEO Naren Gursahaney has taken over as Interim Chief Executive Officer of ServiceMaster Global Holdings following the resignation of CEO and director Nik Varty. Gursahaney, who has served on the Company’s Board of Directors since 2017, was appointed non-executive Chairman on May 1, 2019, and was previously President and CEO…

News

ServiceMaster Appoints New Terminix Residential President

04.12.2019, 14:46 ServiceMaster Appoints New Terminix Residential President Kim Scott has joined ServiceMaster as president of its Terminix Residential pest control business from waste, recycling and smart cities solutions provider, Rubicon Global. Prior to Rubicon, Scott served as president of CHEP North America, a division of Brambles Limited for four years, where she was responsible…

News

ServiceMaster Q3 2019 Results

05.11.2019, 20:11 ServiceMaster Q3 2019 Results ServiceMaster has reported a year-on-year revenue increase to $528 million and net income of $25 million in a quarter described by CEO, Nik Varty, as “challenging”. ServiceMaster CEO, Nik Varty. The company’s pest control company, Terminix Commercial, reported strong gains following the recent acquisitions of Gregory Pest Solutions and…

News

ServiceMaster Continues European Acquisition Spree

ServiceMaster has acquired Dublin-based technology led pest control startup Pest Pulse less than a month after its US $200 million acquisition of Nomor Holding AB, Europe’s fourth-largest pest control company. Pest Pulse uses hardware as well as software to deliver 24/7 pest management to customers utilising sensor technology that alerts customers and company technicians when…

News

ServiceMaster Enters European Pest Control Market

09.09.2019, 14:28 ServiceMaster Enters European Pest Control Market ServiceMaster has announced the $200 million acquisition of Nomor Holding AB, Europe’s fourth-largest pest control company with operations throughout Sweden and Norway. The acquisition which will be funded through $120 million in borrowing from the company’s revolving credit facility as well as cash from operations, is expected…

News

Deborah Caplan Joins ServiceMaster Board

29.07.2019, 14:41 Deborah Caplan Joins ServiceMaster Board ServiceMaster has appointment Deborah Caplan, executive vice-president of Human Resources and Corporate Services for NextEra Energy, Inc., to its board of directors. Ms. Caplan who has also served as vice-president of Integrated Supply chain for NextEra Energy, is also a past vice-president and chief operating officer (COO) of…

News

Aster Angagaw Named President of ServiceMaster Brands

14.05.2019, 03:00 Aster Angagaw Named President of ServiceMaster Brands ServiceMaster has appointment Aster Angagaw who was formerly CEO of Sodexo’s North American Healthcare division as president of ServiceMaster Brands. Announcing the appointment, ServiceMaster CEO, Nik Varty, said: “A few months ago, we launched a bold strategy revamping our Franchise Services Group into ServiceMaster Brands by redirecting…

News

Naren Gursahaney to Chair ServiceMaster

01.05.2019, 13:58 Naren Gursahaney to Chair ServiceMaster ServiceMaster has announced Naren Gursahaney, a former president and CEO of The ADT Corporation, will succeed Mark Tomkins as Chair of its board of directors. Gursahaney, who has served as a ServiceMaster board member since December 2017, is also a non-executive director of renewable energy provider, NextEra Energy,…

News

ServiceMaster Q4 2018 Results

26.02.2019, 14:05 ServiceMaster Q4 2018 Results ServiceMaster has announced revenue growth of 12 per cent, including 5 per cent organic growth at its pest control business, Terminix, in the final quarter of 2018. ServiceMaster CEO, Nik Varty. The results take the group’s full year 2018 revenues to 8 percent (or US $1,900 million). The company…

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