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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).
In the 1980s, the company acquired several branch and franchise-based service companies including Terminix, TruGreen, Merry Maids, and American Home Shield. [6] [citation needed] In 2001, ServiceMaster divested its management services businesses to focus more on its residential and commercial business. [citation needed] [clarification needed]
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MDC's homebuilding subsidiaries construct single-family homes under the name "Richmond American Homes". MDC is also the parent company to mortgage financing through its wholly owned subsidiary HomeAmerican Mortgage Corporation. Other affiliate companies include American Home Insurance Agency, Inc. and American Home Title and Escrow Company.
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