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On July 26, 2017, ServiceMaster Global Holdings, Inc. announced a plan to spin off its American Home Shield business from its Terminix and Franchise Services Group into a separate publicly-traded company. [14] In 2020, Naren Gursahaney was appointed as chief executive officer, [13] later that year, Roark Capital Group purchased ServiceMaster ...
Terminix partnered with Sears, Roebuck and Company to offer pest control services under the Sears Termite and Pest Control name. In 1972, the company changed their name to Terminix International to highlight their expanded operations. [2] ServiceMaster, a global holding company, purchased Terminix from Cook Industries in 1986. [3]
American Home Shield was founded in 1971 and operated independently until it was acquired by ServiceMaster in 1989. [9] In 2018, the American Home Shield business was spun off under Frontdoor, Inc., a new, publicly traded company on the NASDAQ (ticker symbol FTDR).
The ServiceMaster Clean name was now in use. In the late 20th century, further expansion of The ServiceMaster Company's Consumer Services business formed a network of service companies. [1] Headquartered in Memphis, Tennessee, this network included ServiceMaster Clean, Terminix, TruGreen, Merry Maids, Furniture Medic, and AmeriSpec.
As part of ServiceMaster, the operational headquarters were moved to Memphis, Tennessee, where ServiceMaster was headquartered at the time and where TruGreen remains headquartered today. [9] In 1997, Rollins Inc sold its Orkin lawn care brand to TruGreen. [10] TruGreen was then spun off as a separate company from ServiceMaster in January 2014.
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