ServiceMaster

Moldy Vortex: ServiceMaster Restore Warns Winter Storm ’21 May Have Lingering, Unhealthy Effects

Retrieved on: 
Friday, February 26, 2021
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Building Systems, Franchises, Articles, ServiceMaster, Physical geography, Polar vortex, Indoor mold, Memphis, Tennessee, Shivering, Polar, Storm, Cities in the United States

View the full release here: https://www.businesswire.com/news/home/20210226005065/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210226005065/en/
    ServiceMaster Restore warns winter storm 21 may have lingering, unhealthy effects.
  • The aftermath of the polar vortex creates perfect conditions for mold growth - unsightly and destructive, it also can cause irritation and health issues.
  • Temperatures have rebounded significantly, which is great for a shivering nation, but bad for buildings and structures.
  • ServiceMaster Restore is a business unit of Memphis-based ServiceMaster Brands, a leading provider of essential residential and commercial services.

VORTEXAS: ServiceMaster Restore Hustling to Handle Unprecedented Number of Disaster Calls

Retrieved on: 
Thursday, February 18, 2021
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Building Systems, Franchises, ServiceMaster, Jeter, Memphis, Tennessee, Tidal wave, Redouble, Cities in the United States, Companies, Geography of Tennessee

The cold weather coupled with electrical power grid problems have created a high misery index and a tidal wave of emergency calls to disaster remediation companies.

Key Points: 
  • The cold weather coupled with electrical power grid problems have created a high misery index and a tidal wave of emergency calls to disaster remediation companies.
  • Chris Jeter of ServiceMaster by A-Town in Abilene, said that burst water pipes are wrecking havoc for his customers.
  • More calls will come and folks like Jeter and Moak will redouble their efforts to restore the damage.
  • ServiceMaster Restore is a business unit of Memphis-based ServiceMaster Brands, a leading provider of essential residential and commercial services.

ServiceMaster Restore In St. Cloud, MN, Predicts Polar Vortex Damage May Get Worse As Temperatures Rise

Retrieved on: 
Wednesday, February 17, 2021
Other Construction & Property, Commercial Building & Real Estate, Construction & Property, Building Systems, Franchises, ServiceMaster, Polar vortex, Companies

In Minnesota and other upper Midwestern states, the bulk of restoration work will come as temperatures rise from subzero to merely cold.

Key Points: 
  • In Minnesota and other upper Midwestern states, the bulk of restoration work will come as temperatures rise from subzero to merely cold.
  • Frozen pipes will thaw just a bit, then refreeze and expand creating leaks that damage ceilings, walls, floors and furniture.
  • When this polar vortex passes and temperatures warm just a bit, thats when most of the damage around here occurs, explained Arens, vice president for operations at ServiceMaster Professional Services.
  • ServiceMaster Restore is a business unit of Memphis-based ServiceMaster Brands, a leading provider of essential residential and commercial services.

ServiceMaster Restore Warns Businesses – Cold-weather Damage Due to a Polar Vortex Can Be Devastating

Retrieved on: 
Tuesday, February 9, 2021
Environment, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Franchises, ServiceMaster, Memphis, Tennessee, Cities in the United States, Companies, Geography of Tennessee

Recent research by ServiceMaster Restore shows 36 percent of respondents have disaster coverage for their business.

Key Points: 
  • Recent research by ServiceMaster Restore shows 36 percent of respondents have disaster coverage for their business.
  • Winter structural disasters are very common, especially when we experience extreme cold or heavy snowfall like we have recently, said Peter Duncanson of ServiceMaster Restore.
  • Recent research by ServiceMaster Restore shows 36 percent of respondents have disaster coverage for their business.
  • ServiceMaster Restore is a business unit of Memphis-based ServiceMaster Brands, a leading provider of essential residential and commercial services.

 ROOFS AT RISK – ServiceMaster Restore Cautions Homeowners About ‘Ice Dams’

Retrieved on: 
Thursday, February 4, 2021
Other Construction & Property, Residential Building & Real Estate, Construction & Property, Matter, Physical sciences, Earth sciences, Dam, Mold, Water damage, ServiceMaster, Ice, Duncanson, Water, Home insurance

Ice dams are among the most common causes of water damage to homes, said Peter Duncanson of ServiceMaster Restore.

Key Points: 
  • Ice dams are among the most common causes of water damage to homes, said Peter Duncanson of ServiceMaster Restore.
  • (Graphic: Business Wire)
    Ice dams are among the most common causes of water damage to homes, said Peter Duncanson of ServiceMaster Restore.
  • Homeowners can help prevent water damage and mold by removing ice dams, but they should take caution.
  • Professional remediation companies such as ServiceMaster Restore can remove ice dams without causing damage, and they have instruments to detect water and mold in hidden spaces.

Years of Hard Work, Excellence Lead ServiceMaster Restoration By Simons to a 2020 Chicago Torch BBB Award

Retrieved on: 
Monday, December 14, 2020
Franchises, ServiceMaster, Companies, Corporate finance, Business, Simons, Cision, Better Business Bureau, WBE

CHICAGO, Dec. 14, 2020 /PRNewswire-PRWeb/ -- ServiceMaster Restoration By Simons, a Chicago-based disaster restoration services business, received a 2020 Chicago Torch Better Business Bureau (BBB) Award in the Minority-Owned & Operated Category recognizing excellence in ethical standards during a virtual ceremony on Dec. 10.

Key Points: 
  • CHICAGO, Dec. 14, 2020 /PRNewswire-PRWeb/ -- ServiceMaster Restoration By Simons, a Chicago-based disaster restoration services business, received a 2020 Chicago Torch Better Business Bureau (BBB) Award in the Minority-Owned & Operated Category recognizing excellence in ethical standards during a virtual ceremony on Dec. 10.
  • The organization's Firestarter and Torch award recipients are recognized for the effort and importance they place on conducting business with honesty and integrity.
  • Nasutsa Mabwa, president of ServiceMaster Restoration By Simons, graciously accepted the honor and commended her staff and technicians, especially for their work during the COVID-19 pandemic.
  • About ServiceMaster Restoration By Simons:
    ServiceMaster Restoration By Simons, the 2020 recipient of the Better Business Bureau's Torch Award for Marketplace Ethics, is MBE/WBE certified, and family-operated.

Terminix Announces CFO Transition

Retrieved on: 
Monday, December 7, 2020
Other Retail, Retail, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Service companies, Terminix, Franchises, ServiceMaster, Riesbeck, American Home Shield, FrontDoor, Chief financial officer, Companies

View the full release here: https://www.businesswire.com/news/home/20201207005292/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20201207005292/en/
    Bob Riesbeck will succeed Tony DiLucente as CFO of Terminix Global Holdings in March 2021.
  • He was instrumental in many aspects of the Companys strategy over his four-year tenure, including the spin-off of American Home Shield into the publicly traded company frontdoor, inc., the international expansion of Terminix, the sale of the ServiceMaster Brands franchise segment, and the ultimate transition of Terminix into a pure-play pest control company.
  • I am excited to welcome an experienced business partner who will continue the progress already underway at Terminix, continued Ponton.
  • I am eager to partner with the senior leadership team and support our 10,000 front-line teammates at Terminix, said Riesbeck.

KBRA Assigns Preliminary Ratings to ServiceMaster Funding LLC, Series 2020-1 Senior Secured Notes

Retrieved on: 
Monday, November 16, 2020
Banking, Professional services, Insurance, Finance, Finance, Money, Franchises, Service companies, Credit risk, ServiceMaster, Merry Maids, Nationally recognized statistical rating organization, Credit rating agency, Securitization, KBRA, Bond credit rating

Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three note classes of ServiceMaster Funding LLC, (the Issuer) a whole business securitization.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three note classes of ServiceMaster Funding LLC, (the Issuer) a whole business securitization.
  • ServiceMaster Brands (SMB) is a leading provider of restoration and cleaning services to commercial and residential customers across all 50 states and 8 countries.
  • SMBs platform consists of its ServiceMaster Restore (restoration), ServiceMaster Clean (commercial cleaning), Merry Maids (residential cleaning), Furniture Medic (cabinet and furniture repair) and AmeriSpec (home inspection) businesses.
  • KBRA is a full-service credit rating agency registered as an NRSRO with the U.S. Securities and Exchange Commission.

ServiceMaster DSI Appoints New Branch Manager of Aurora, CO

Retrieved on: 
Monday, November 9, 2020
Franchises, Corporate finance, ServiceMaster, Companies, Nintendo DSi, Service companies, Cision, Aurora, Illinois

CHICAGO, Nov. 9, 2020 /PRNewswire-PRWeb/ -- ServiceMaster DSI (DSI), the nation's largest owner and operator of ServiceMaster Franchises and a leading provider of restoration services announced today they have promoted Jason Dodge to Branch Manager of their Aurora, CO office.

Key Points: 
  • CHICAGO, Nov. 9, 2020 /PRNewswire-PRWeb/ -- ServiceMaster DSI (DSI), the nation's largest owner and operator of ServiceMaster Franchises and a leading provider of restoration services announced today they have promoted Jason Dodge to Branch Manager of their Aurora, CO office.
  • This move aligns well with the ServiceMaster DSI strategy as they have consistently invested in the personnel and resources to develop world-class service across their organization.
  • "Jason's dedication to service, technical aptitude and persistent nature made him a perfect fit for Branch Manager of our Aurora location.
  • This service-at-all-costs attitude is what sets Jason apart and makes him the best choice for the Branch Manager role.

 Roark Capital Acquires ServiceMaster Brands

Retrieved on: 
Thursday, October 1, 2020
Restaurant, Bar, Online Retail, Other Retail, Professional services, Specialty, Consumer, Food, Beverage, Retail, Other Consumer, Other Professional Services, Finance, Home Goods, Franchises, ServiceMaster, Roark Capital Group, Service companies, Companies, Roark, Franchising, Service industries, Merry Maids, Roark, ServiceMaster Brands

Roark Capital , an Atlanta-based private equity firm focused on investing in franchised and multi-location businesses, announced today that its affiliate has acquired ServiceMaster Brands.

Key Points: 
  • Roark Capital , an Atlanta-based private equity firm focused on investing in franchised and multi-location businesses, announced today that its affiliate has acquired ServiceMaster Brands.
  • Sarah Spiegel, Managing Director at Roark, said, We have long admired ServiceMaster Brands and its world recognized reputation for excellence.
  • With ServiceMaster Brands, affiliates of Roark have invested in 88 franchise/multi-location brands to date.
  • Founded in 1929, ServiceMaster Brands operates a network of over 1,850 franchisees through its portfolio of five brands in 50 states and nine countries.