ServiceMaster (SVM) Attracting Buyout Interest - WSJ
According to reports from the Wall Street Journal, ServiceMaster (NYSE: SVM) is attracting the interest of private equity firms. Some suggest that a management-led buyout is another possibility.
According to the paper, the company's cash flows are especially attractive to buyout firms, but the company's religious-based culture could make some buyout firms uncomfortable.
ServiceMaster currently serves residential and commercial customers through a network of over 5,500 company-owned locations and franchised licenses. The Company's brands include TruGreen ChemLawn, TruGreen LandCare, Terminix, American Home Shield, InStar Services Group, ServiceMaster Clean, Merry Maids, Furniture Medic, and AmeriSpec.
According to the paper, the company's cash flows are especially attractive to buyout firms, but the company's religious-based culture could make some buyout firms uncomfortable.
ServiceMaster currently serves residential and commercial customers through a network of over 5,500 company-owned locations and franchised licenses. The Company's brands include TruGreen ChemLawn, TruGreen LandCare, Terminix, American Home Shield, InStar Services Group, ServiceMaster Clean, Merry Maids, Furniture Medic, and AmeriSpec.
Labels: LBO, Private Equity, SVM
posted by Lon at 7:54 AM
0 Comments:
Post a Comment
<< Home