ServiceMaster Company
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ServiceMaster Company
ServiceMaster Brands is an American privately held company owned by Roark Capital Group that provides residential and commercial services. Its headquarters are located in Atlanta, Georgia, after moving there in 2020 from Memphis, Tennessee. Brands operated by ServiceMaster include ServiceMaster Clean, ServiceMaster Restore, Merry Maids, AmeriSpec, Furniture Medic, Two Men and a Truck, Indoor Science and Aftermath Services. The core services of the company are disaster response and restoration, janitorial services, professional home cleaning, furniture repair and home inspections. ServiceMaster has more than 7,000 company-owned and franchise locations around the world. It has 13,000 corporate employees and a franchise network that independently employs over 33,000 additional people. In 2007, the company had approximately 5,500 locations. History ServiceMaster was founded in 1929 by Marion E. Wade, a minor league baseball player, as a moth-proofing company in Chicago, Illi ...
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Service Industries
Service industries are those not directly concerned with the production of physical goods (such as agriculture and manufacturing). Some service industries, including transportation, wholesale trade and retail trade are part of the supply chain delivering goods produced in the agricultural and manufacturing sectors to final consumers. Other services are provided directly to consumers. These include health care, education, information services, legal services, financial services, and public administration. The service sector accounts for around 70-80 per cent of employment in modern economies. Service industries in the three-sector model In the three-sector model of the economy, widely used in the 20th century, the service sector was assigned the role of transporting, distributing and selling goods produced in the manufacturing (secondary sector), and was therefore described as the tertiary sector of the economy. However, the majority of service employment is now found in activit ...
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American Home Shield
American Home Shield Corporation is an American home warranty company based in Memphis, Tennessee. It administers home warranty contracts on major home systems and appliances. Overview American Home Shield was founded in 1971 and operated independently until it was acquired by ServiceMaster in 1989. In 2018, the American Home Shield business was spun off under Frontdoor, Inc., a new, publicly traded company on the NASDAQ (ticker symbol FTDR). American Home Shield serves over 2 million customers across 49 states and the District of Columbia. It is one of the largest home warranty providers in the United States. In 2022 alone, the company has received over 10,000 complaints for poor or no service through the BBB; over 24,000 all together. The company works with over 16,000 independent contractor firms and 60,000 technicians in the U.S. The headquarters are in Memphis, Tennessee. History In 2019, Frontdoor, Inc. acquired Streem, Inc., which uses enhanced augmented reality, c ...
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Business Services Companies Established In 1929
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates. A corporation is more complicated and e ...
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Companies Based In Atlanta
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Business Services Companies Of The United States
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates. A corporation is more complicated and ...
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Franchising
Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses some or all of its know-how, procedures, intellectual property, use of its business model, brand, and rights to sell its branded products and services to a franchisee. In return, the franchisee pays certain fees and agrees to comply with certain obligations, typically set out in a franchise agreement. The word ''franchise'' is of Anglo-French derivation—from , meaning 'free'—and is used both as a noun and as a (transitive) verb. For the franchisor, use of a franchise system is an alternative business growth strategy, compared to expansion through corporate owned outlets or "chain stores". Adopting a franchise system business growth strategy for the sale and distribution of goods and services minimizes the franchisor's capital investment and liability risk. Franchising is rarely an equal partnership, especially in ...
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Downtown Memphis
Downtown Memphis, Tennessee is the central business district of Memphis, Tennessee and is located along the Mississippi River between Interstate 40 to the north, Interstate 55 to the south and I-240 to the east, where it abuts Midtown Memphis. It is home to the Memphis Redbirds, the AAA affiliate of the St. Louis Cardinals, and the Memphis Grizzlies NBA team. History Downtown is the oldest part of the city and includes the riverfront and the bluffs overlooking the Mississippi River. The founders of Memphis dedicated the riverfront to the public "now and forever" as long as the public use continued. The land overlooking the riverfront was originally planned to become a "public promenade" to be called ''Mississippi Row''. The upper riverfront became the site of the river landing where steamboats were loaded with cotton and other goods in the 19th and early 20th centuries. Between 1844 and 1886 the river landing was paved with limestone and granite cobblestones brought in from the u ...
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Peabody Place (Memphis, Tennessee)
Peabody Place is a mixed use residential, retail, and office redevelopment project located in Downtown Memphis, Tennessee that covers eight city blocks.http://www.belz.com/shopping/peabodyplace.aspx Web Site of Developer (Belz Enterprises, Inc) Development The development was planned for years, and the first building was to appear in 1993. In 2012 the Economic Development Growth Engine (EDGE) announced that it would establish its headquarters in the Tower at Peabody Place, taking about of space on the 11th floor. Enclosed Mall An enclosed mall, with of space,Sheffield, Michael and Andy Ashby.Hotel rooms moving into Peabody Place space" ''Memphis Business Journal''. January 13, 2008. Retrieved on June 4, 2013. was opened in 2001 and was initially anchored by a 22-screen Muvico cinema, Jillian's, and Tower Records; other chain stores, such as Ann Taylor and Gap joined. While it was initially successful, the excitement quickly fizzled out and the enclosed mall proved to be unab ...
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East Memphis
East Memphis is a region of Memphis, Tennessee with several defined and informal subdivisions and neighborhoods such as Colonial Acres, White Station- Yates, Sherwood Forest, Normal Station, High Point Terrace, Belle Meade, Normandy Meadows, St. Nick, Pleasant Acres, Balmoral, and Ridgeway. The general boundaries are informal: *On the West: Highland Street. *On the South: I-240 *On the East: Traditionally, the eastern border was anything inside the I-240 loop, however, many extend this to the Germantown city limits and the Cordova community *On the North: Sam Cooper Blvd. The primary zip codes in this area are 38111, 38117, and 38157, including 38120 and 38119. In 1950, the eastern boundary of Memphis was essentially the western boundary of what is today East Memphis. By the mid-1960s, most of East Memphis inside the I-240 loop had been annexed by the city of Memphis. Region overview East Memphis is a commercial and residential powerhouse. Poplar Avenue provides the cent ...
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JPMorgan Chase
JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the world's largest bank by market capitalization, and the fifth largest bank in the world in terms of total assets, with total assets of US$3.774 trillion. Additionally, JPMorgan Chase is ranked 24th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important bank by the Financial Stability Board. As a " Bulge Bracket" bank, it is a major provider of various investment banking and financial services. It is one of America's Big Four banks, along with Bank of America, Citigroup, and Wells Fargo. JPMorgan Chase is considered to be a universal bank and a custodian bank. The J.P. Morgan brand is used by the investment banking, asset management, private banking, wealth man ...
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Ridgemont Equity Partners
Ridgemont Equity Partners is a private equity firm focused on making investments in middle-market companies in the U.S. within certain industries such as basic industrial, energy, healthcare, telecommunications, media and technology. The firm focuses on equity investments up to US$250 million. Prior to forming Ridgemont in 2010, the team previously had been known as BAML Capital Partners, and prior to that Bank of America Capital Investors. Since 1993, Ridgemont and its predecessors have invested over US$4.4 billion of equity capital. The firm is based in Charlotte, North Carolina. Predecessors Ridgemont Equity Partners completed a spinout from Bank of America in 2010, prior to which it was known as BAML Capital Partners. In turn, BAML Capital Partners traced its roots back to 1993 with the formation of Bank of America Capital Investors. From 2009 through 2010, BAML Capital Partners was the private equity and mezzanine investment unit of Bank of America Merrill ...
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StepStone Group
StepStone Group LP (StepStone) is a global private markets firm providing customized investment, portfolio monitoring and advice to investors. StepStone covers primary fund investments, secondary fund investments and co-investments across private equity, real estate, infrastructure and real assets, and private debt. History StepStone was founded in 2006 and is based in La Jolla, California and New York, New York. The founders, Monte Brem and Thomas Keck had previously made private equity investments for Pacific Corporate Group, as President and Managing Director, respectively. From its first office in La Jolla, the firm has expanded to New York City, San Francisco, Cleveland, Toronto, Dublin, London, Luxembourg, Zurich, Beijing, Hong Kong, Seoul, Tokyo, Sao Paulo, Sydney, and Perth. The firm oversees over US$130 billion of private capital allocations, including over US$34 billion of assets under management. In March 2015, it was published that StepStone would move its Manhatta ...
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