ServiceMaster's businesses include TruGreen, Terminix, and MerryMaids. The company is known for its evangelical Christian corporate culture.
WSJ reports that ServiceMaster is attracting interest from investor groups that buy public companies and make them private companies, usually with new management.
"Its [Christian] culture may make some buyout firms uncomfortable," says the story. "There is an 11-foot statue of Jesus washing the feet of a disciple at its headquarters, and "honoring God in all we do" is its first corporate objective."
The company declined to comment to the Journal's reporter. ServiceMaster's headquarters is currently in Downers Grove, Illinois. The move to Memphis was announced with considerable fanfare by the mayors and Gov. Phil Bredesen.
Always independent, always free (never a paywall),
the Memphis Flyer is your source for the best in local news and information.
Now we want to expand and enhance our work.
That's why we're asking you to join us as a Frequent Flyer member.
You'll get membership perks (find out more about those here) and help us continue to deliver the independent journalism you've come to expect.