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Consolidation trend Apr 2024

ServiceMaster's largest unit operated as an M&A factory acquiring and rebranding competitors

Lewis describes ServiceMaster's largest business unit as an M&A factory that bought competitors and immediately rebranded and centralized functions—contrasting it with Redwood's approach.

“they were an M &A factory”
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Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.