ServiceMaster To Buy Out Partner In Home Service Center
The ServiceMaster Co. announced it is acquiring the minority interest in The ServiceMaster Home Service Center held by Kleiner Perkins Caulfield & Byers. Terms of the agreement were not disclosed.
The ServiceMaster Home Service Center has built a Web-based infrastructure where customers can order, schedule and purchase home services from a central point. This allows ServiceMaster to move into new business models, such as its initiative with The Home Depot -- the two companies will be testing the sale of co-branded residential maintenance and repair services to Home Depot's retail customer base in three test markets early this year.