ServiceMaster announced it is “exploring alternatives” for its American Residential Services (Service Express and Rescue Rooter) and American Mechanical Services companies, including their sale, so it can concentrate on its core businesses.
“Our best opportunity to build shareholder value is to have fewer priorities and to pursue them with greater intensity,” said Jonathan Ward, ServiceMaster chairman and CEO. “This action reflects the company's continued commitment to brands which have the ability to achieve sustainable national market leadership … and significant and consistent growth in share, revenue and return on capital.”