ServiceMaster Clean is a company that provides cleaning and disinfecting services in commercial, healthcare and religious facilities throughout the
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
,
Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
and ten other countries. As a franchised business, franchises provide both commercial and residential services.
History
The ServiceMaster Company was founded in 1929 as a moth-proofing company in
Chicago
(''City in a Garden''); I Will
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Illinois
Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolita ...
, by Marion E. Wade, a former minor league baseball player.
In 1937, it expanded into rug and carpet cleaning, and the first in-home carpet cleaning customer was served using products developed by Wade.
The ServiceMaster Company incorporated in 1947, with six employees and revenue of $125,000. In 1952, the first franchise was sold, establishing one of country's first franchise business models.
The ServiceMaster Clean name was now in use.
In the late 20th century, further expansion of The ServiceMaster Company’s Consumer Services business formed a network of service companies.
Headquartered in
Memphis, Tennessee
Memphis is a city in the U.S. state of Tennessee. It is the seat of Shelby County in the southwest part of the state; it is situated along the Mississippi River. With a population of 633,104 at the 2020 U.S. census, Memphis is the second-mos ...
, this network included ServiceMaster Clean, Terminix, TruGreen, Merry Maids, Furniture Medic and AmeriSpec.
Clayton, Dubilier & Rice, Inc. (CD&R), based in
New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
, acquired The ServiceMaster Company in 2007.
In 2011, Hank Mullany, a former
Walmart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquarter ...
executive, was appointed as CEO for all ServiceMaster brands, and Thomas J. Coba, former COO of
Subway, was named president of ServiceMaster's franchise brands, including ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec.
The company began trading on the
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed c ...
in 2014. Nikhil Varty was appointed as chief executive officer in July 2017. In 2018, ServiceMaster spun off frontdoor, inc., the parent company of
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 in ...
.
In October 2020,
Roark Capital Group
Roark Capital Group is an American private equity firm with over $33 billion in assets under management. The firm is focused on leveraged buyout investments in middle-market companies, primarily in the franchise/multi-location, restaurant and fo ...
purchased ServiceMaster Brands, including ServiceMaster Clean.
[{{Cite web, date=2020-10-01, title=Roark Capital Acquires ServiceMaster Brands, url=https://www.businesswire.com/news/home/20201001005688/en/%C2%A0Roark-Capital-Acquires-ServiceMaster-Brands, access-date=2021-03-04, website=www.businesswire.com, language=en]
Organizational structure
ServiceMaster Clean, a subsidiary of ServiceMaster Brands, has 4,500 independently owned and operated franchises worldwide. Its sister companies include ServiceMaster Restore, Merry Maids, AmeriSpec and FurnitureMedic.
Its primary service areas are cleaning and disinfection services in commercial and healthcare spaces. The company has a number of patents.
[Patent 7,845,047](_blank)
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See also
* List of cleaning companies
This is a list of notable cleaning companies. Cleaning is the process of removing unwanted substances, such as dirt, infectious agents, and other impurities, from an object or environment. Cleaning occurs in various commercial, industrial, environ ...
Amenify Cleaning Company
References
Retail companies established in 1929
Business services companies established in 1929
Cleaning companies of the United States
1929 establishments in Illinois