TAG: Servicemaster

Brickman/ValleyCrest: Culture clash?

May 29, 2014By

 A look at their cultures, what defines a national company mentality and TruGreen LandCare comparisons. As the two largest landscape companies work toward merging into one, the rest of the Green Industry is a split crowd sitting on the sidelines. Some spectators are biting their nails out of nervousness, while others have pulled up a seat, waiting to pick up... read more

April 2014 Web Extra: Goldenberg on big companies, industry challenges

April 8, 2014By

Norman Goldenberg, retired senior vice president of government affairs and industry relations for TruGreen, is featured in the April 2014 “1-Minute Mentor.” Here are two additional questions from our interview that didn’t make it into print. Big companies in the Green Industry sometimes get a bad rap. As someone who worked for one for many years, what’s your response to... read more

TruGreen will acquire again in 2015

March 10, 2014By

TruGreen President David Alexander gave a glimpse of how the company plans to make a turnaround after spinning off from ServiceMaster when he spoke with the Memphis Business Journal last week. Here are some points Alexander revealed in the interview: • TruGreen will spend most of this year focusing on improving internal operations. • The decision to use Terminix’s operating... read more

ServiceMaster completes TruGreen spin-off

January 15, 2014By

ServiceMaster completed the separation of its TruGreen business on Jan. 14, according to a filing with the U.S. Securities and Exchange Commission. Memphis, Tenn.-based ServiceMaster spun off assets and certain liabilities of TruGreen through a tax-free, pro rata dividend to private equity firm Clayton, Dubilier & Rice. The deal was first announced in November during the company’s third-quarter earnings call.... read more

TruGreen spin-off on hold

January 2, 2014By

The ServiceMaster Co. has delayed the spin-off of its TruGreen business, which was targeted to close Dec. 31. The company announced the temporary delay in a Securities and Exchange Commission filing earlier this week. “ServiceMaster is committed to the planned separation and spin-off of the TruGreen business as being in the best interests of all of its businesses,” the company... read more

ServiceMaster slates TruGreen separation

November 14, 2013By

The ServiceMaster Co. unveiled plans to spin off the TruGreen business, effective Dec. 31, in the release of its unaudited third-quarter 2013 results. “This separation should enable ServiceMaster to concentrate on growth while providing TruGreen the time and focus it needs to make the changes necessary to complete the turnaround of its business,” said Rob Gillette, ServiceMaster CEO. “Separating TruGreen... read more