ServiceMaster Global Holdings, Inc. provides services such as termite and pest control, home warranties, janitorial services, home cleaning, and home inspections, among others.
The company was founded in 1929 by minor-league baseball player Marion E. Wade as a moth-proofing company, expanding in 1952 to franchised carpet cleaning.
In the 1980s ServiceMaster expanded and formed a network of branch and franchise-based businesses such as Terminix, TruGreen, Furniture Medic, and Merry Maids. TruGreen was acquired by Scotts Miracle-Gro in 2016.
Private equity firm Clayton, Dubilier, and Rice Inc. led acquired the company in 2007 and took it private. ServiceMaster went public in 2014.
Today the company has more than 7,000 company-owned, franchised, and licensed locations.
ServiceMaster Global Holdings trades publicly on the New York Stock Exchange under the ticker symbol SERV, has 13,000 employees, and had $2.41 billion in revenue in 2013. Company stock has been listed by several financial investment firms as being a “buy” in June 2019.