American Residential Services
Encyclopedia
American Residential Services is one of the leading heating, ventilation
, and air conditioning
and plumbing
businesses in the United States
. It is based in Memphis, Tennessee
, operates in 24 states and had revenues of over $500 million in 2005. It was acquired from The ServiceMaster Co
by two private equity firms, Caxton-Iseman Capital
and Royal Palm Capital Partners, for $100 million in October 2006.
Ventilation
Ventilation is movement of air in and out of an enclosed space, including a body. It is used in the following contexts:* Ventilation * Ventilation * Ventilation * Ventilation * Ventilation...
, and air conditioning
Air conditioning
An air conditioner is a home appliance, system, or mechanism designed to dehumidify and extract heat from an area. The cooling is done using a simple refrigeration cycle...
and plumbing
Plumbing
Plumbing is the system of pipes and drains installed in a building for the distribution of potable drinking water and the removal of waterborne wastes, and the skilled trade of working with pipes, tubing and plumbing fixtures in such systems. A plumber is someone who installs or repairs piping...
businesses in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
. It is based in Memphis, Tennessee
Memphis, Tennessee
Memphis is a city in the southwestern corner of the U.S. state of Tennessee, and the county seat of Shelby County. The city is located on the 4th Chickasaw Bluff, south of the confluence of the Wolf and Mississippi rivers....
, operates in 24 states and had revenues of over $500 million in 2005. It was acquired from The ServiceMaster Co
ServiceMaster
ServiceMaster is a privately held Fortune 500 company that provides various services to residences and firms. Its headquarters are located in Memphis, Tennessee after moving there from Downers Grove, Illinois in early 2007. Brands operated by ServiceMaster include: TruGreen, Terminix, American...
by two private equity firms, Caxton-Iseman Capital
Caxton-Iseman Capital
CI Capital Partners is a private equity firm founded in 1993 by Frederick Iseman and based in New York that specializes in middle market leveraged buyouts...
and Royal Palm Capital Partners, for $100 million in October 2006.