ServiceMaster
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| Public | |
| Traded as | : SERV |
| Industry | Service |
| Founded | Downers Grove, Illinois, USA 1929, incorporated 1947 |
| Headquarters | Memphis, Tennessee, USA |
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Number of locations
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More than 7,000 company-owned, franchised and licensed locations |
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Key people
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| Revenue | $2.59 billion (2015) |
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Number of employees
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13,000 (2015) |
| Website | https://www.servicemaster.com |
ServiceMaster Global Holdings, Inc., is a public Fortune 1000 company that provides residential and commercial services. Its headquarters are located in Memphis, Tennessee after moving there from Downers Grove, Illinois in early 2007. Brands operated by ServiceMaster include: Terminix, American Home Shield, ServiceMaster Clean, ServiceMaster Restore, Merry Maids, AmeriSpec and Furniture Medic. The core services of the company include termite and pest control, home warranties, disaster response and restoration, janitorial service, professional home cleaning, furniture repair, and home inspections.
ServiceMaster has more than 7,000 company-owned and franchise locations around the world. It has 13,000 corporate employees and a franchise network that independently employs over 33,000 additional people.
ServiceMaster was founded by Marion E. Wade, a minor league baseball player, as a moth-proofing company in Chicago, Illinois. It was incorporated in 1947 and expanded to franchised carpet cleaning in 1952. Its movement into business services makes it a large outsourcing company.
In the 1980s, the company experienced further expansion of the consumer segment of the business. During this time, ServiceMaster built on its original franchise business to form a network of branch and franchise-based service companies – including Terminix, TruGreen and Merry Maids – and other category-leading commercial and residential service brands, including American Home Shield. In 2001, ServiceMaster divested its management services businesses to focus more on its residential and commercial business.
In July 2007, a group of equity sponsors led by Clayton, Dubilier and Rice (CD&R) acquired ServiceMaster and took the company private. In the same year, the company moved its headquarters from Downers Grove, Ill., to Memphis, Tenn., to better enable the corporate staff to work with all of its business units. Robert J. Gillette was appointed chief executive officer in June 2013.
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