The Firm recently represented the underwriters, led by J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co. and Morgan Stanley & Co. LLC, in the initial public offering by ServiceMaster Global Holdings, Inc. of 41,285,000 shares of common stock (including shares sold pursuant to the underwriters’ over-allotment option), which raised gross proceeds of approximately $700 million. ServiceMaster’s shares are listed on the New York Stock Exchange under the ticker symbol “SERV”.
ServiceMaster is a leading provider of essential residential and commercial services, operating through an extensive service network of more than 7,000 company-owned, franchised and licensed locations. ServiceMaster, a Clayton, Dubilier & Rice portfolio company, owns a portfolio of well-recognized brands including Terminix (termite and pest control), American Home Shield (home warranties), ServiceMaster Restore (disaster restoration), ServiceMaster Clean (janitorial), Merry Maids (residential cleaning), Furniture Medic (furniture repair) and AmeriSpec (home inspections).
The Simpson Thacher team included John Ericson, Katerina Kousoula and Daniel Hulme (Capital Markets); Rob Holo and Joseph Tootle (Tax); Samantha Himelman (Intellectual Property); Steven DeLott (Insurance); Aimee Adler and Joo Hyun Lee (Employee Benefits); Mike Isby (Environmental); and Jennie Getsin (FINRA/Blue Sky).
Source: www.stblaw.com
