Terminix

DAISY LAUNCHES NATIONAL TECHNOLOGY INTEGRATION AND SERVICES COMPANY FOR SMART HOMES

Retrieved on: 
Tuesday, January 9, 2024
Pest control, ServiceMaster, Club Car, Accounting, Culture, Trane, Meta, Housekeeping, ServiceMaster Clean, Kappler, HVAC, Q2, Apple, Starbucks, Small business, Marketing, Terminix, City centre, Growth

ORANGE COUNTY, Calif., Jan. 9, 2024 /PRNewswire/ -- Home technology help is about to get much easier with the launch of Daisy, a new national home and small business tech services company. Daisy is the first nationwide solution to address a growing market need – helping consumers spend more time using and enjoying technology in their homes and less time being frustrated. The company will have numerous offices in California, Texas, Florida, Connecticut, and North Carolina by Q2, and is building out the first national franchise model in the smart home industry. Daisy expects to be in at least 16 markets in 2024, with a plan to be nationwide in 2025.

Key Points: 
  • Daisy is the first nationwide solution to address a growing market need – helping consumers spend more time using and enjoying technology in their homes and less time being frustrated.
  • The company will have numerous offices in California, Texas, Florida, Connecticut, and North Carolina by Q2, and is building out the first national franchise model in the smart home industry.
  • Daisy expects to be in at least 16 markets in 2024, with a plan to be nationwide in 2025.
  • "Having spent much of my career in franchising and home services, the need for a national home technology services brand is essential," said Hagan Kappler, founder and CEO.

Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on Rollins Inc. (NYSE: ROL)

Retrieved on: 
Wednesday, October 4, 2023
Insurance, Pressure, Maintenance, Urbanization, Male, Pest control, Humboldt Hill, California, Rollins, Inc., Fox, Western Pest Services, Marketing, Service, COVID-19, SIT, Record, Research, Churn, Sale, Sterilization, NYSE, EBITDA, Outline, Rentokil Initial, Climate change, Pesticide, Acquisition, NASA, Risk, CFO, City, Nature Climate Change, Security (finance), Agriculture, Hunting, Terminix

Download or view the report by visiting www.SprucePointCap.com and follow us on Twitter @SprucePointCap for additional information and exclusive updates.

Key Points: 
  • Download or view the report by visiting www.SprucePointCap.com and follow us on Twitter @SprucePointCap for additional information and exclusive updates.
  • Our research indicates that the combined company is increasing its marketing intensity, which is ultimately pressuring Rollins’ customer churn and acquisition cost.
  • As a reminder, our full report, along with its investment disclaimers, can be downloaded and viewed at www.SprucePointCap.com .
  • As disclosed, Spruce Point has a short position in Rollins Inc. and owns derivative securities that stand to net benefit if its share price falls.

LAUNCH OF NEW NATIONAL HOME AUTOMATION BRAND; EXPERIENCED FRANCHISE AND HOME SERVICES EXECUTIVE HAGAN KAPPLER IS CEO AND A CO-FOUNDER

Retrieved on: 
Thursday, July 20, 2023
Maintenance, Daisy, Mosquito control, PE, Pest control, Starbucks, Club Car, ServiceMaster Clean, HVAC, M&A, Growth, Merry Maids, Terminix, Trane

The $20B home automation segment has become the most important, valuable and fastest growing area in home services (13% growth).

Key Points: 
  • The $20B home automation segment has become the most important, valuable and fastest growing area in home services (13% growth).
  • Hagan Kappler, experienced franchise and home services CEO, to lead new national home automation brand
    Hagan Kappler, co-founder and CEO, is excited to lead this new concept, after having recently led home services franchise brands across multiple sectors including pest control, HVAC, plumbing, insulation, mosquito control, and home cleaning.
  • Ms. Kappler also has experience growing top national brands including ServiceMaster Clean, Merry Maids, Starbucks, Terminix, Trane, and Club Car.
  • According to Ms. Kappler: "I am thrilled to build and lead a new home services concept to help people better manage their homes.

Holley Announces Appointment of Matthew Stevenson as New President and Chief Executive Officer

Retrieved on: 
Wednesday, May 17, 2023
Vehicle Technology, Automotive, General Automotive, Automotive Manufacturing, Other Automotive, Manufacturing, Interim, Inc., Imperial Capital, Kettering University, University, Bluebird, Georgia Trend, Business, Daimler, Marketing, NYSE, Business administration, Blue Bird Corporation, Acquisition, Ross School of Business, Growth, Ross School, Terminix, Management, Bridgestone

Holley Inc. (NYSE: HLLY), a leading platform serving performance automotive enthusiasts, today announced the appointment of Matthew Stevenson as the Company’s new President and Chief Executive Officer (CEO).

Key Points: 
  • Holley Inc. (NYSE: HLLY), a leading platform serving performance automotive enthusiasts, today announced the appointment of Matthew Stevenson as the Company’s new President and Chief Executive Officer (CEO).
  • On June 6, 2023, he will replace Interim President and Chief Executive Officer, Michelle Gloeckler, who will be remaining with Holley as a member of the Board.
  • Mr. Stevenson joins Holley from Blue Bird Corporation (NASDAQ: BLBD), where he served as President and Chief Executive Officer.
  • We are extremely pleased with Matthew’s appointment and look forward to his many contributions to the business.”

Lazard Ltd Reports Full-Year and Fourth-Quarter 2022 Results

Retrieved on: 
Thursday, February 2, 2023
Professional Services, Finance, BlackRock, Asset management, Terminix, EnCap Investments, House, Rentokil Initial, Liberty Global, Bain Capital, Telefónica, AUM, TA Associates, Veritas Capital, Tenneco, Tax, Acquisition, OCS, Infravia Capital Partners, Capital, GAAP, Sale, CD&R, Brazos Electric Power Cooperative, Placement, Service provider, Lazard, Bed Bath & Beyond, Endo International, Capital market, Share repurchase, R, Conference, H.I.G. Capital, Virgin Media, Centuri, Video game, Financial services, Cryptocurrency, Security (finance), Havea Tuʻihaʻangana

For the fourth quarter of 2022, Financial Advisory operating revenue was $404 million, 34% lower than the fourth quarter of 2021.

Key Points: 
  • For the fourth quarter of 2022, Financial Advisory operating revenue was $404 million, 34% lower than the fourth quarter of 2021.
  • AUM as of December 31, 2022 was $216 billion, down 21% from December 31, 2021, and 9% higher than September 30, 2022.
  • The provision for taxes, on an adjusted basis1, was $133 million for full-year 2022 and $24 million for the fourth quarter of 2022.
  • ET on February 2, 2023, to discuss the company’s financial results for the full year and fourth quarter of 2022.

Novvia Group Shares Progress Update After 2-year Milestone

Retrieved on: 
Monday, January 23, 2023
Professional Services, Packaging, Other Professional Services, Manufacturing, Finance, Other Manufacturing, Terminix, Investment, SVP, Acquisition, Pacific Northwest, Optimism, Kelso & Company, Growth, Kelso, Supply, Video game, Management

Novvia has completed 15 acquisitions since inception, consisting of eight regional “platform” acquisitions and seven local market “tuck-in” acquisitions to build regional density.

Key Points: 
  • Novvia has completed 15 acquisitions since inception, consisting of eight regional “platform” acquisitions and seven local market “tuck-in” acquisitions to build regional density.
  • Entering the Pacific Northwest, an attractive growth market for Novvia, via the Company’s acquisition of J.F.
  • Sarah Macdonald assumed the role of President and CEO of Novvia Group in mid-2021 after a four-year stint in the same role with C.L.
  • Just over two years later, we thank and commend the entire Novvia team for tremendous execution on the initial thesis.

Element Announces Largest Win Since its Pivot to Growth in 2021

Retrieved on: 
Monday, December 19, 2022
Acquisition, TSX, Growth, Partnership, Rentokil Initial, EV100, EFN, Airline, Terminix, Element

“Rentokil, the global leader in pest control services, represents Element’s largest ‘mega’ fleet win since initiating our pivot to growth in 2021.”

Key Points: 
  • “Rentokil, the global leader in pest control services, represents Element’s largest ‘mega’ fleet win since initiating our pivot to growth in 2021.”
    Rentokil Initial plc has been a long-standing client of Element.
  • With its recent acquisition of Terminix, the company decided to consolidate the financing and management of its entire U.S. vehicle fleet under one fleet management company and chose Element as that provider.
  • This partnership will also enable Rentokil Terminix’s mission to transition its global fleet to more efficient and sustainable ultra-low emissions vehicles (ULEVs) by 2040.
  • Rentokil Initial joined the EV100 in 2020.

Rentokil Terminix Celebrates Merger With $200,000 Donation to St. Jude Children’s Research Hospital

Retrieved on: 
Friday, October 28, 2022
Family, Public Policy, Government, Consumer, Other Construction & Property, Residential Building & Real Estate, Children, Commercial Building & Real Estate, Construction & Property, Building Systems, Landscape, Oncology, Retail, Hospitals, Lodging, Fund Raising, Foundation, Travel, Philanthropy, State, Local, Health, Home Goods, Other Philanthropy, Child, Food, Survival, LinkedIn, Housing, National Cancer Institute, Love, Awareness, Cancer, St. Jude Children's Research Hospital, CEO, TikTok, Organization, Pest control, Travel, ALSAC, Multimedia, Rentokil Initial, Research, Instagram, Twitter, Food safety, Hope, NCI-designated Cancer Center, Hospital, Partnership, Pharmaceutical industry, Terminix, Facebook, Jude the Apostle

Rentokil Terminix, North Americas largest pest control company, today announced a recent donation of $200,000 to St. Jude Childrens Research Hospital .

Key Points: 
  • Rentokil Terminix, North Americas largest pest control company, today announced a recent donation of $200,000 to St. Jude Childrens Research Hospital .
  • The donation commemorates the merger of two leading pest control companies, Rentokil and Terminix, to form Rentokil Terminix in North America.
  • View the full release here: https://www.businesswire.com/news/home/20221018006104/en/
    Rentokil Terminix, North Americas largest pest control company, today announced a recent donation of $200,000 to St. Jude Childrens Research Hospital.
  • We are so thankful for the support of Rentokil Terminix in the lifesaving mission of St. Jude Childrens Research Hospital, said Shadyac.

SPS PoolCare Appoints Home-Services Industry Titan, Lance Martin, as Chief Operating Officer.

Retrieved on: 
Thursday, October 27, 2022
SPS, Senior, Map, Industry, CBP Office of Field Operations, CEO, Multimedia, Swimming, Foundation, Martin, Sun Belt, Management, Terminix

AUSTIN, Texas, Oct. 27, 2022 /PRNewswire/ -- SPS PoolCare, the fastest-growing swimming pool services company in the United States, today named home-services industry heavyweight, Lance Martin, as its Chief Operating Officer.

Key Points: 
  • AUSTIN, Texas, Oct. 27, 2022 /PRNewswire/ -- SPS PoolCare, the fastest-growing swimming pool services company in the United States, today named home-services industry heavyweight, Lance Martin, as its Chief Operating Officer.
  • In a landmark move for the swimming pool service industry, Martin will join SPS PoolCare from Terminix, a $2.1 Billion revenue public company.
  • "I am absolutely thrilled to welcome Lance to the SPS PoolCare team," said Fraser Ramseyer, Founder and Chief Executive Officer.
  • I can't wait to help take SPS PoolCare to the next level, and put the swimming pool service industry on the map."

Terminix Shareholders Approve Merger with Rentokil Initial

Retrieved on: 
Thursday, October 6, 2022
Professional Services, Retail, Small Business, Home Goods, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Registration statement, Corporation, Securities Act of 1933, Quarantine, UNITED KINGDOM, Section 10 of the Canadian Charter of Rights and Freedoms, Uncertainty, Communication, Telephone, Pandemic, Attention, Policy, THE, NYSE, AND, Private Securities Litigation Reform Act, Company, Epidemic, Risk, ANY, Annual report, Register, National Storage, TMX, Board, Securities Exchange Act of 1934, Accounting, Government, Prospectus, U.S. Securities and Exchange Commission, Sale, SEC, Transaction, Coronavirus, Acquisition, Health, Form, AS, Safety, United Kingdom, Forward-looking statement, COVID-19, Security (finance), Rentokil Initial, Terminix

Terminix Global Holdings, Inc. (NYSE: TMX) (Terminix or the Company), a leading provider of essential termite and pest management services to residential and commercial customers, today announced that its shareholders have voted at a special meeting of shareholders held today to adopt and approve the previously announced agreement for Terminix to be acquired by Rentokil Initial plc (Rentokil Initial).

Key Points: 
  • Terminix Global Holdings, Inc. (NYSE: TMX) (Terminix or the Company), a leading provider of essential termite and pest management services to residential and commercial customers, today announced that its shareholders have voted at a special meeting of shareholders held today to adopt and approve the previously announced agreement for Terminix to be acquired by Rentokil Initial plc (Rentokil Initial).
  • Brett T. Ponton, Chief Executive Officer of Terminix, said: We are pleased that our shareholders overwhelmingly supported the recommendation of our Board and affirmed our merger with Rentokil.
  • In connection with the acquisition of Terminix by Rentokil Initial (such acquisition, the Transaction), Rentokil Initial has filed with the U.S. Securities & Exchange Commission (the SEC) a registration statement on Form F-4 (the Registration Statement), which includes a proxy statement of Terminix that also constitutes a prospectus of Rentokil Initial (the proxy statement/prospectus).
  • Each of Rentokil Initial and Terminix have filed and may file other relevant documents in connection with the Transaction.