ServiceMaster Clean Partners with SIS Group in India
NEW DELHI, India--(Business Wire)-- ServiceMaster Clean, a worldwide leader in commercial and residential cleaning and disaster restoration, today announced that it has signed a master license agreement with Security and Intelligence Systems (SIS) Group, which is recognized as a pioneer and leader in the Indian private security industry. With more than 4,500 franchises around the world, ServiceMaster Clean serves customers in more than 40 countries through a global network of franchises that provide residential carpet cleaning, upholstery and disaster restoration services, and commercial carpet cleaning, hard surface floor care and janitorial services. ServiceMaster Clean is part of the ServiceMaster family of brands, one of the world's largest and most versatile service networks. ServiceMaster is a privately held company of Clayton, Dubilier and Rice, Inc. (CD&R). "This agreement represents a continuation of our pursuit of international expansion and creates exciting new growth opportunities for ServiceMaster Clean," said Mike Isakson, president and chief operating officer, ServiceMaster Clean. "SIS is a large, successful company and we believe that this will be a great partnership, based on its commitment to quality, state-of-the-art technology solutions and an excellent customer service model. We are excited to welcome them to the ServiceMaster team." SIS is among the largest security companies in India offering the complete range of security solutions including manned guarding, cash in transit, electronic security, recruitment & training, consulting and investigations. The company has a network of 40 branches, eight regional offices and operations spread across 24 states in India involving a workforce of over 25,000. SIS currently services over 2,500 corporate customers in India including manufacturing facilities, hotels, hospitals, banks commercial establishments, shopping malls, etc. The partnership with ServiceMaster Clean offers SIS an opportunity to broaden its service offerings using its existing customer base and geographical footprint. Commenting on the transaction, Mr. R.K Sinha, Chairman & Managing Director, SIS India said, "We have been keen to extend our service portfolio and offer end to end business support services to customers in India. With this Service Master Clean association, we intend to emerge as a leader in the cleaning and facility management business in India over the next few years." ServiceMaster currently serves residential and commercial customers through a network of over 5,500 company-owned locations and franchised licenses. The company's brands include TruGreen, TruGreen LandCare, Terminix, American Home Shield, InStar Services Group, ServiceMaster Clean, Merry Maids, Furniture Medic, and AmeriSpec. The core services of the company include lawn care and landscape maintenance, termite and pest control, home warranties, disaster response and reconstruction, cleaning and disaster restoration, house cleaning, furniture repair and home inspection. ServiceMaster Communications in Memphis: Gina Kamler, 901.597.1380 or ServiceMaster International: Bisher Mufti, 011.962.79.55.31117 Copyright Business Wire 2008
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