On the Record · Terminix Global
Terminix Global acquisitions, on the record
The businesses Terminix Global bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Assured EnvironmentsWord for word“In 2019, we completed 32 acquisitions at Terminix, including Assured Environments, Gregory Pest Solutions and McCloud Services at Terminix.” 10-K for 2019 | acquisition | In 2019 | — |
ServiceMaster Brands Divestiture GroupWord for word“On October 1, 2020, we completed the sale of the ServiceMaster Brands Divestiture 3 Table of Contents Group for $1,541 million to RW Purchaser LLC, an affiliate of investment funds managed by Roark Capital Management LLC (“Roark”) after working capital adjustments, resulting in a gain of $494 million, net of income taxes.” 10-K for 2020 | divestiture | On October 1, 2020 | $1,541 million |
American Home ShieldWord for word“Represents the historical results of the ServiceMaster Brands Divestiture Group and our American Home Shield business, which were sold on October 1, 2020 and spun off on October 1, 2018, respectively, and are presented as discontinued operations herein.” 10-K for 2020 | divestiture | October 1, 2018 | — |
fumigation service lineWord for word“On April 1, 2019, we divested the assets associated with our fumigation service line and now provide fumigation services to our customers through arrangements with independent third parties.” 10-K for 2020 | divestiture | On April 1, 2019 | — |
Frontdoor, inc. retained investmentWord for word“We recorded a realized gain of $40 million related to the sale of our retained investment in Frontdoor in the year ended December 31, 2019, and a mark-to-market loss of $249 million related to our retained investment in Frontdoor in the year ended December 31, 2018.” 10-K for 2020 | divestiture | in the year ended December 31, 2019 | — |
Nomor and Pelias (European Pest Management)Word for word“We acquired Nomor and Pelias, which comprise the majority of European Pest Management, on September 6, 2019.” 10-K for 2020 | acquisition | on September 6, 2019 | — |
Nomor Holding ABWord for word“During the third quarter of 2019, we borrowed an aggregate principal amount of $120 million under our revolving credit facility to finance our acquisition of Nomor Holding AB.” 10-K for 2020 | acquisition | — | — |
CopesanWord for word“Commercial pest management revenue also increased 22 percent from acquisitions completed during the last 12 months, including the impact of our acquisition of Copesan for the three months ended March 31, 2019.” 10-K for 2020 | acquisition | three months ended March 31, 2019 | — |
12 tuck-in acquisitions in 2020Word for word“Cash payments for acquisitions totaled $36 million in 2020 compared with $506 million in 2019 and $187 million in 2018.” 10-K for 2020 | acquisition | In 2020 | — |
Gregory and McCloudWord for word“Gregory and McCloud, which were acquired during the fourth quarter of 2019, contributed to organic revenue growth beginning in the fourth quarter of 2020.” 10-K for 2020 | acquisition | during the fourth quarter of 2019 | — |
Assured Environments, Gregory, McCloud and Terminix UKWord for word“In 2019, we completed 39 acquisitions, including Nomor, Pelias, Assured Environments, Gregory, McCloud and Terminix UK.” 10-K for 2020 | acquisition | In 2019 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $34 million | — | $124 million |
| 2017-12-31 | $13 million | — | $2 million |
| 2018-12-31 | $187 million | — | $179 million |
| 2019-12-31 | $506 million | — | $309 million |
| 2020-12-31 | $36 million | $1.54 billion | $9 million |
| 2021-12-31 | $113 million | — | $79 million |
Deal filings since 2016
- 2022-10-12 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2022-03-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-12-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-11-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-10-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-10-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-10-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-09-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-03-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-10-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-10-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-10-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-08-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-08-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-11-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-03-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Terminix Global’s annual reports (10-K for 2021, 10-K for 2020, 10-K for 2019) and the financial data it files with the SEC, as of 2022-03-01. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.