The Firm recently represented J.P. Morgan Securities LLC as the underwriter in a secondary offering of 28,961,763 shares of common stock of ServiceMaster Global Holdings, Inc. (“ServiceMaster”) by funds affiliated with Clayton, Dubilier & Rice and StepStone Group LP. ServiceMaster’s shares are listed on the New York Stock Exchange under the ticker symbol “SERV.”
ServiceMaster is a leading provider of residential and commercial services, operating through an extensive service network of more than 8,000 company-owned, franchised and licensed locations. ServiceMaster owns a portfolio of well-recognized brands, including American Home Shield (home warranties), AmeriSpec (home inspections), Furniture Medic (furniture repair), Merry Maids (residential cleaning), ServiceMaster Clean (janitorial), ServiceMaster Restore (disaster restoration) and Terminix (termite and pest control).
The Simpson Thacher team included John C. Ericson, Katerina Kousoula and Maria Monte (Capital Markets); Joseph Tootle (Tax); Stephen DeLott (Insurance); Aimee Adler and Joo Hyun Lee (Employee Benefits); Mike Isby (Environmental); and Jennie Getsin (FINRA/Blue Sky).