Baird served as co-manager on this offering.
AboutServiceMaster Global Holdings, Inc. (“ServiceMaster” or the “Company”) (NYSE: SERV), a portfolio company of Clayton, Dubilier & Rice, recently completed a secondary offering of 25,000,000 shares of common stock at a price of $29.50 per share, generating gross proceeds of $737.5 million. All of the shares sold in the offering were from selling shareholders. The Company did not receive any proceeds from the transaction.
ServiceMaster is a leading provider of essential residential and commercial services, operating through an extensive service network of more than 7,000 company-owned, franchised and licensed locations. ServiceMaster serves approximately five million residential and commercial customers through an employee base of approximately 13,000 associates and a franchise network that independently employs approximately 33,000 people. The Company’s portfolio of brands includes Terminix, American Home Shield, ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec. ServiceMaster is headquartered in Memphis, Tennessee.
For additional information about this transaction, please contact:
- February 2015
- ServiceMaster Global Holdings, Inc.
- Technology & Services
- Target Location
- North America
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