Founded in 1927 by E.L. Bruce, Terminix has evolved to become one of the biggest pest control companies in the world. Originally founded to stop termites from damaging wood floors, Bruce laboratories created the first termiticide. This product was unique as it was designed to only kill termites, unlike other pesticides. The company began franchising in 1955 and in 1957 became the first company to provide annual inspections and guarantees.
Today, Terminix is a subsidiary of ServiceMaster Global Holdings, Inc. The company employs almost 9,000 persons and had annual revenue in 2015 of $1.45 billion.
Terminix operates in 47 states in the U.S., as well as 22 countries around the globe. The company works with both commercial and residential buildings to remove common pests such as rats, mice, cockroaches, termites, ants, and spiders. Terminix also offers mosquito and bed bug treatments.
On September 15, 2020, the parent company of Terminx announced that it was changing the name from ServiceMaster Global Holdings to Terminix Global Holdings. This also changes the ticker symbol to TMX.
ServiceMaster is selling all other brands to Roark in a $1.553 billion dollar deal.
In October 2022, British extermination company Rentokil acquired Terminix for $6.7 billion. It is unknown if the company will rebrand.
Terminix maintains its corporate office in Memphis, Tennessee.
Founded in 1927 by E.L. Bruce, Terminix has evolved to become one of the biggest pest control companies in the world. Originally founded to stop termites from damaging wood floors, Bruce laboratories created the first termiticide. This product was unique as it was designed to only kill termites, unlike other pesticides. The company began franchising in 1955 and in 1957 became the first company to provide annual inspections and guarantees.
History
Today, Terminix is a subsidiary of ServiceMaster Global Holdings, Inc. The company employs almost 9,000 persons and had annual revenue in 2015 of $1.45 billion.
Terminix operates in 47 states in the U.S., as well as 22 countries around the globe. The company works with both commercial and residential buildings to remove common pests such as rats, mice, cockroaches, termites, ants, and spiders. Terminix also offers mosquito and bed bug treatments.
On September 15, 2020, the parent company of Terminx announced that it was changing the name from ServiceMaster Global Holdings to Terminix Global Holdings. This also changes the ticker symbol to TMX.
ServiceMaster is selling all other brands to Roark in a $1.553 billion dollar deal.
In October 2022, British extermination company Rentokil acquired Terminix for $6.7 billion. It is unknown if the company will rebrand.
Terminix maintains its corporate office in Memphis, Tennessee.