Profile: Servicemaster Global Holdings Inc (SERV.N)
21 Aug 2019
ServiceMaster Global Holdings, Inc., incorporated on March 16, 2007, is a provider of essential residential and commercial services. The Company operates through three segments: Terminix, American Home Shield and the Franchise Services Group. Its portfolio of brands includes Terminix, American Home Shield, ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec. As of December 31, 2016, the Company operated through a service network of more than 8,000 company-owned locations and franchise and license agreements.
The Terminix segment is a provider of termite and pest control services in the United States. Terminix specializes in protection against termite damage, rodents, insects and other pests, including cockroaches, spiders, wood-destroying ants, ticks, fleas and bed bugs. Its services include termite remediation, annual termite inspection and prevention treatments with termite damage repair guarantees, periodic pest control services, insulation services, mosquito control, crawlspace encapsulation and wildlife exclusion. As of December 31, 2016, the Terminix national branch structure included approximately 300 company-owned locations and approximately 25 franchise agreements. Terminix also provides termite and pest control services through subsidiaries in Canada, Mexico, the Caribbean and Central America, as well as a joint venture in India.
American Home Shield
The American Home Shield segment provides home warranty plans that cover the repair or replacement of components of up to 21 household systems and appliances, including electrical, plumbing, central heating and air conditioning (HVAC) systems, water heaters, refrigerators, dishwashers and ovens/cook tops. Its warranty plans are structured as one-year contracts with annual renewal options.
Franchise Services Group
The Franchise Services Group segment consists of the ServiceMaster Restore (disaster restoration), ServiceMaster Clean (janitorial), Merry Maids (residential cleaning), Furniture Medic (cabinet and wood furniture repair) and AmeriSpec (home inspection) businesses. The Company's businesses in this segment operate principally through franchisees.
The Company competes with Rollins, Inc., Ecolab, Inc., Rentokil Initial, plc., First American Financial Corporation, Old Republic International Corporation, Servpro Industries, Inc., Belfor Europe GmbH, BMS CAT, Inc., Stanley Steemer International, Inc., ABM Industries Incorporated, Jani-King International, Inc., Aramark, Jan-Pro Franchise International, Inc., The Maids International, Inc., Molly Maid, Inc. and The Cleaning Authority, LLC.
Servicemaster Global Holdings Inc
150 Peabody Pl
MEMPHIS TN 38103-3720