Purchased by The ServiceMaster
ServiceMaster
ServiceMaster Global Holdings, Inc., is an American public Fortune 1000 company that provides residential and commercial services. Its headquarters are located in Memphis, Tennessee after moving there from Downers Grove, Illinois in early 2007. Brands operated by ServiceMaster in…
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Is Terminix franchised?
Terminix Termite & Pest Control has a franchise fee ranging between $25,000 and $50,000 for a 5-year renewable agreement. However, the total initial investment costs up to $85,3000.
How many Terminix locations are there?
300+ locationsTerminix has 300+ locations nationwide and services more than 50,000 homes daily.
Who is the largest pest control company in the world?
RentokilRentokil is the world's largest pest control company, offering the broadest, most advanced range of pest control solutions and services in the industry.
Who bought out Terminix?
Brett Ponton, CEO of Terminix, said: “We are very excited to be joining a company of Rentokil Initial's pedigree and to see the Terminix business we've built over 95 years embark on its next stage of development.
Who is Terminix competitor?
Terminix competitors include Rentokil Initial, AHS, ServiceMaster, Orkin and Truly Nolen.
What pesticide does Terminix use?
A Terminix spokesperson stated the gas normally used for this type of fumigation is sulfuryl fluoride. According to the National Pesticide Information Center, sulfuryl fluoride is commonly used to eliminate beetles, bedbugs, clothes moths, cockroaches, and rodents as well.
Is Terminix bigger than Orkin?
Terminix serves over one million more customers than Orkin, with a total of 2.8 million residential and commercial customers. Terminix rises above the rest in terms of customer service.
What is the biggest pest control company in the US?
The largest pest control company in the US is Ecolab, with a revenue of $12.7 billion. As of 2022, the US pest control industry has a market size of $20.4 billion. At least 60% of US households use pest control services. The US pest control market is projected to grow at a CAGR of 5.1% through 2028.
Who is the biggest pest control company in the United States?
Leading pest control companies in the U.S. 2021, based on revenue. In 2021, Rollins was the leading U.S. pest control company based on revenue, at over 2.2 billion U.S. dollars. Ranking second was Terminix Global Holdings, with nearly 1.9 billion U.S. dollars in revenue that year.
How big is the company Terminix?
TerminixTypeSubsidiaryServicesTermite & Pest controlRevenue$1.798 billion (2019)Number of employees10,500ParentRentokil Initial7 more rows
Did Terminix get bought?
The combination of Rentokil and Memphis-based Terminix, in which the U.S. company's shareholders will own 26 percent, will employ about 56,000 people across 87 countries. Rentokil Chairman Richard Solomons and CEO Andy Ransom will retain their roles in the combined group…
How much did Rentokil buy Terminix?
$6.7 billionRentokil to complete acquisition of Terminix for $6.7 billion. Here are 5 things to know. Rentokil, a United Kingdom-based global pest control business, is expected to complete its $6.7 billion acquisition of Memphis-based Terminix this week.
Did Terminix get bought out?
--(BUSINESS WIRE)--With respect to the definitive agreement (the “Agreement”) under which Rentokil Initial plc (the “Company”) will acquire Terminix Global Holdings, Inc ("Terminix") for stock and cash (the “Combination” or the “Transaction”), announced on 14 December 2021, the Company and Terminix today announce that ...
Is Terminix the same as Terminix International?
Terminix partnered with Sears, Roebuck and Company to offer pest control services under the Sears Termite and Pest Control name. In 1972, the company changed their name to Terminix International to highlight their expanded operations.
How long has Terminix been around?
Our History In 1955, Terminix was the first company to offer a termite protection contract with annual inspections and a guarantee. Two years later, franchisees began offering residential and commercial pest control services.
Who is the CEO of Terminix pest control?
Chief Executive Officer Mr. Ponton has nearly 25 years of experience with distributed service organizations, including leading both company-owned and franchise operations.
Who bought Terminix?
ServiceMaster, a global holding company, purchased Terminix from Cook Industries in 1986. It continued to acquire pest control companies, including former franchisees, to become the largest pest control company in the world by 1990.
When did Terminix start?
In 1955, Terminix was the first company to offer a termite protection contract, with annual inspections and a guarantee. In 1957, franchisees began offering residential and commercial pest control services. In 1968, the E. L. Bruce Company, including Bruce Terminix, was sold to Cook Industries. The company began looking to expand its business both ...
What is Terminix International?
Terminix International Company, L.P. is one of the largest pest control companies in the world, operating in 47 states in the United States and 22 countries around the world. It is a subsidiary of Terminix Global Holdings, Inc.
Why did the termite inspectors sue ServiceMaster?
In May 2008, termite inspectors in California sued ServiceMaster and its Terminix unit for failure to pay overtime, rest breaks, and other work-required expenses. Terminix held that termite inspectors were outside sales employees.
What movie featured Terminix technicians?
In 1983, the movie Mr. Mom featured a reference to Terminix technicians.
Where is Terminix located?
In 2007, ServiceMaster moved its main offices from Downers Grove, Illinois to the site of Terminix's headquarters in Memphis, Tennessee. Over the first three months of 2009, Terminix acquired nine pest management companies across seven states.
When did Bruce Terminix sell?
In 1968, the E. L. Bruce Company, including Bruce Terminix, was sold to Cook Industries. The company began looking to expand its business both inside and outside of the United States and purchased a pest control company in Mexico. Terminix partnered with Sears, Roebuck and Company to offer pest control services under the Sears Termite ...
Who started Terminix?
The Terminix story actually began with a hardwood floors company. In 1931, Bobby Burns started our Terminix franchise. Terminix was original started as a division of the E.L. Bruce Company. E.L. Bruce was the largest producer of hardwood floors in the U.S. at the time and the company was receiving customer complaints about rot in their hardwood floors. However, it was not actually rot that was affecting the hardwoods, it was termites. Marketed under the name Bruce-Terminix, the company was designed to “nix” termites and the termite damage that was occurring in its customer’s hardwood floors.
Where is Terminix located?
Terminix has been providing pest control services to the residents and businesses in the Triad area of North Carolina for more than 75 years. As a franchise of Terminix International, the world's largest pest control company, we are proud to be a family-owned franchise that has been managed by three generations of the same family.
When did Terminix get its patent?
In fact, in 1932 , Terminix was the first company to obtain a termite control patent. And Terminix has some of the world’s top pest specialists, including graduate and PhD-level entomologists and certified members of the Entomological Society of America.
Does Terminix give you 24/7?
Terminix gives you total control, 24/7. Manage your account anytime, anywhere. Just visit MyAccount to:
When was Terminix first established?
Hence the name Terminix, and the opening of the Bruce Terminix Research Laboratory in 1927. In 1955, Terminix was the first company to offer a termite protection contract with annual inspections and a guarantee. Two years later, franchisees began offering residential and commercial pest control services.
When did Terminix join ServiceMaster?
Over the next 30 years, Bruce’s company would continue to expand nationally and internationally. In 1986 , Terminix joined the ServiceMaster family of brands and by 1990, it was the largest pest control company in the world.
When did ServiceMaster Global Holdings go public?
In 2007, Clayton, Dubilier and Rice acquired ServiceMaster Global Holdings and took the company private. And in June 2014, the company was again trading publicly on the New York Stock Exchange (NYSE: SERV).
What chapter does the franchisee workbook teach you?
Reading Chapter 13 of The Educated Franchise teaches you the secrets of this key step. The decision making tools in Chapter 15 of The Educated Franchise and in Step 13 of The Franchisee Workbook shows you how to honestly evaluate whether or not buying a Terminix International franchise is the right move for you.
Does a Terminix International Franchise Make Money?
A critical part of your due diligence is to build an estimated P&L (profit and loss statement) and see what the numbers might look like if you become a Terminix International franchisee. Reading Chapter 13 of The Educated Franchise teaches you the secrets of this key step.
How many locations does Terminix have?
In total, Terminix Termite & Pest Control has assisted more than four million customers. Currently, Terminix Termite & Pest Control has over 500 locations in 34 countries across the world. With the business’ international appeal, it is safe to say that no location is out of the question for opening a franchise, provided it is not infringing on another franchisee’s territory.
When did Terminix start?
Back in 1927, E.L. Bruce began his business, Terminix Termite & Pest Control. At the time, the company only dealt with termite problems, though it has expanded its operations since then.
Is Valenta a franchise?
Interested in increasing profitability for businesses? Valenta is the perfect franchise for you! They are a Digital Transformation franchise that specializes in consulting, digital transformation, staff augmentation, and training . Valenta offers services that are relevant across all industries— that means multiple revenue streams for you. Take advantage of their proven business model and become a partner today!
Is Terminix a franchise?
Terminix Termite & Pest Control is listed in the Franchise Directory under the Home Services category and the Home Based category. It's also listed in the section for Franchises Under $60,000 .
Overview
History
In 1927, E. L. Bruce, owner of the E. L. Bruce Company in Memphis, Tennessee, wanted to find a way to protect the hardwood floors they manufactured from damage by termites and founded the Bruce Terminix Research Laboratory. In 1932, senior chemist Frank Lyons created the first termiticide, an insecticide specifically designed to kill termites. The company began to franchise under the name Bruce Terminix. In 1955, Terminix was the first company to offer a termite prote…
Products
Terminix works with residential and commercial customers for pest control services including termite, mosquito and bed bug treatments, as well as insulation options.
Terminix released the environmentally safe mosquito bait Attractive Targeted Sugar Bait in 2014. The garlic oil makes mosquitoes sick and kills 90 percent of the mosquitoes within three weeks. The company also produces AllClear mosquito repellant, which is an all natural mix of essential …
Legal proceedings
In May 2008, termite inspectors in California sued ServiceMaster and its Terminix unit for failure to pay overtime, rest breaks, and other work-required expenses. Terminix held that termite inspectors were outside sales employees. In June 2011, the U.S. District Court held that termite inspections are not sales activities. The case was filed as a class action, and class action case was denied, while Individual claims were allowed.
In popular culture
In 1971, Stan Freberg won Clio Awards for three of his radio commercials for Terminix, entitled "Vintage Floorboards," "Interview," and "Blue Tennis Shoes."
In 1983, the film Mr. Mom featured a reference to Terminix technicians.
In 2010, Tim Heidecker and Eric Wareheim claimed at Comic-Con that they had partnered with Terminix for an upcoming release of their movie "Blues Brothers 2012". In this film, the Blues Bro…
External links
• Official website
• Official Canadian website