There are 24 article(s) tagged Terminix:

• October 2022

  • Terminix acquired by Rentokil

    Rentokil will begin trading on the New York Stock Exchange under the ticker symbol “RTO.”

    By Rob Moore October 13, 2022

  • Terminix shareholders approve acquisition

    The $6 billion acquisition is expected to close Wednesday, Oct. 12.

    By Rob Moore October 06, 2022

• June 2022

  • Terminix discloses risks associated with merger, golden parachute payments

    Almost six months after announcing it would be acquired by British company Rentokil for $6.7 billion, Memphis-based Terminix is disclosing potential risks associated with the deal, as well as possible golden parachute payouts for its top executive officers.

    Related story:

    A timeline behind the Terminix merger agreement

    By Rob Moore June 15, 2022

• May 2022

  • Terminix closer to completing merger with Rentokil

    Terminix has entered into a definitive agreement to divest its pest management businesses in the U.K and Norway. 

    By Rob Moore May 09, 2022

• March 2022

  • Terminix acquisition clears waiting period

    Upon the acquisition, the combined company will have 56,000 employees serving 4.9 million customers worldwide, including 790 locations.

    By Rob Moore March 16, 2022

• December 2021

  • Bluff City Biz: Global networks, research and innovation with Beverly Robertson

    Beverly Robertson, president and CEO of the Greater Memphis Chamber, often touts what she calls Memphis’ four R’s: road, rail, river and runway. Now, she says it’s time to add a fifth: research. 

    By Rob Moore December 20, 2021

  • Proposed new Terminix owner commits to ‘substantial’ Memphis presence

    The proposed new majority owner of the merged companies, Rentokil, “supports us and our team and leadership,” a Teminix spokesman says.

    By Tom Bailey December 14, 2021

• March 2021

  • Peabody Place gets a new tenant

    Peabody Place will soon be getting a new tenant. But not in the space that ServiceMaster Brands recently announced plans to vacate.

    By Blake Fontenay March 18, 2021

  • ServiceMaster Brands headquarters leaving Memphis

    ServiceMaster Brands will be relocating its corporate headquarters to Atlanta. Terminix, the larger of the two companies created in a spinoff last year, has no plans to move its corporate headquarters out of Downtown Memphis.

    By Blake Fontenay March 05, 2021

• November 2020

  • Terminix charts path forward on costly termite claims

    Terminix made its first quarterly earnings report as pure-play pest control company on Thursday, Nov. 5. 

    By Wayne Risher November 05, 2020

• October 2020

  • When will Memphis’ largest companies be back in the office? Not for a while

    Larger employers in Memphis don’t expect to relax work-at-home protocols for office workers until next year, and some experts believe virtual commuting will stick around after COVID-19 is contained.

    By Wayne Risher October 08, 2020

  • ServiceMaster CEO new to bug biz, but service industry pro

    Brett Ponton has led tire and muffler, transmission repair and quick oil change chains the last 11 years. ServiceMaster/Terminix is betting killing bugs is all about customer service, too.

    By Wayne Risher October 01, 2020

• September 2020

  • ServiceMaster’s community service outreach goes virtual

    ServiceMaster’s We Care Day has morphed into We Care Week because of COVID-19. The company will donate money to charities for each “Caring Step” logged by employees.

    By Wayne Risher September 22, 2020

  • Terminix, ServiceMaster Brands parting in $1.55 billion deal

    Terminix revenue was growing at 9% a year, more than double the rate of ServiceMaster Brands companies, when the board decided to pursue the divestiture.

    By Wayne Risher September 04, 2020

  • ServiceMaster CEO steps down; board exploring sale of key business

    Nik Varty is out as CEO of ServiceMaster Global Holdings, which is considering selling its ServiceMaster Brands business.

    By Jane Roberts September 02, 2020

• August 2020

  • Terminix execs tapped for $1 million stock awards

    ServiceMaster Global Holdings Inc. approves equity retention awards valued at $1 million apiece for the presidents of Terminix Residential and Terminix Commercial.

    By The Daily Memphian Staff August 31, 2020

  • Bed bugs itching for post-COVID comeback

    Pest control experts have seen a temporary reduction in bed bug infestations because of COVID-19's impact on personal mobility, but they expect the bugs to make a comeback.

    By Wayne Risher August 30, 2020

  • ServiceMaster names new CEO, reports Q2 buoyed by termite, cleaning services

    ServiceMaster said strong growth in residential termite services paced results in the April-June quarter as the company dealt with unprecedented impacts of COVID-19.

    By Wayne Risher August 06, 2020

• February 2020

  • ServiceMaster revenues increased 9% in 2019

    An increase in claims for termite damage in ServiceMaster's Terminix brand affected fourth-quarter net income.

    By Christin Yates February 27, 2020

• August 2019

  • Terminix laying off 99 workers in Memphis

    Terminix International Company LP is laying off 99 workers at its flex warehouse space in Shelby Oaks North Business Center in northeast Memphis.

    By The Daily Memphian Staff August 01, 2019

• April 2019

  • Terminix partners with startup to offer home security devices

    Memphis-based Terminix is venturing further beyond termite and pest control services with a new home security platform.

    By Kate Crawford April 03, 2019

• March 2019

  • ServiceMaster volunteer project represents a chance to give back

    ServiceMaster employees fanned out to four area schools Thursday to help beautify the campuses as part of Spring Clean '19.

    By Jared Boyd March 29, 2019

• February 2019

  • ServiceMaster reports Terminix growth, feels impact of home-warranty spinoff

    Memphis-based ServiceMaster saw revenue at its Terminix pest-control division grow in 2018 while also feeling the effects of its American Home Shield spinoff.

    By Kate Crawford February 26, 2019

• December 2018

  • ServiceMaster divesting Terminix fumigation business

    Memphis-based ServiceMaster Global Holdings is divesting part of its Terminix pest control business.

    By Kate Crawford December 20, 2018