Diversified Consumer Services
Company Overview of The ServiceMaster Company, LLC
The ServiceMaster Company, LLC provides residential and commercial services in the United States. It operates in three segments: Terminix, American Home Shield, and the Franchise Services Group. The Terminix segment offers termite and pest control services, including termite remediation, annual termite inspection and prevention treatments with damage claim guarantees, periodic pest control services, insulation services, mosquito control, crawlspace encapsulation, and wildlife exclusion. This segment markets its services to both homeowners and businesses through a national sales team and sales professionals in the company’s branches and call centers. The American Home Shield segment provides ...
860 Ridge Lake Boulevard
Memphis, TN 38120
Founded in 1929
Key Executives for The ServiceMaster Company, LLC
Chief Executive Officer and Director
Chief Financial Officer and Senior Vice President of Finance
President of American Home Shield
President of Franchise Services Group
Chief Accounting Officer, Vice President and Controller
Compensation as of Fiscal Year 2016.
The ServiceMaster Company, LLC Key Developments
ServiceMaster Seeks Acquisitions
Aug 25 16
The ServiceMaster Company, LLC is seeking acquisitions. Jason Bailey, Vice President of mergers and acquisitions for ServiceMaster, said, "Acquisitions were important to the company's growth strategy and his team continues to seek residential and commercial services companies with respected brands, a legacy of quality service and strong customer relationships."
The ServiceMaster Company, LLC Announces Redemption of $488 Million of 7% Notes and Incremental Borrowings Under Term Loan Facility
Aug 17 15
ServiceMaster Global Holdings Inc. announced that The ServiceMaster Company, LLC effected the redemption of $488 million in aggregate principal amount of the outstanding 7% Senior Notes due 2020, which represents all of the outstanding Notes. The redemption price of the Notes was equal to 105.25% of the principal amount of such Notes, plus accrued but unpaid interest thereon. In order to effect the redemption, SvM secured incremental commitments of $400 million under SvM's term loan facility maturing 2021. After giving effect to the incremental commitments, outstanding borrowings under SvM's term loan facility amount to $2.386 billion as of August 17, 2015. SvM used funds from the incremental commitments, together with cash on hand, to redeem the $488 million of Notes.
The ServiceMaster Company Updates on Redemption of $200 Million of 8% Senior Notes Due 2020 and Incremental Borrowings Under Term Loan Facility
Apr 6 15
ServiceMaster Global Holdings reported that The ServiceMaster Company effected the previously announced redemption of $200 million in aggregate principal amount of The ServiceMaster Company's outstanding 8% Senior Notes due 2020, which represents all of the outstanding notes. In a release on April 1, the company noted that in order to effect the redemption, The ServiceMaster Company secured $175 million in incremental loans under its term loan facility maturing 2021. After giving effect to the incremental borrowings, outstanding loans under The ServiceMaster Company's term loan facility amount to $1.991 billion as of April 1. The ServiceMaster Company used the proceeds from the incremental loans, together with cash on hand, to redeem the $200 million of Notes at a redemption price of 106% of the principal amount of such Notes and to pay accrued but unpaid interest thereon.
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