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American cleanup services franchising company From Wikipedia, the free encyclopedia
Servpro is a franchisor of fire and water cleanup and restoration franchises in the United States and Canada.[1] The franchise system provides localized services as well as large-scale disaster recovery.[2] It is headquartered in Gallatin, Tennessee.
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Company type | Private, Franchise |
---|---|
Industry | Service |
Founded | 1967 |
Founder | Ted and Doris Isaacson |
Headquarters | , |
Number of locations | 2,200+ |
Key people | Brett Ponton, CEO John Sooker, President & COO Todd Lindsey, CFO Matt Preston, VP & Chief Legal Officer Brian Voss, CFOO & VP Maribeth Bearfield, CHRO & VP Joy Wald, CIO Rob Rajkowski, CMO |
Number of employees | 450 (Corporate), 2,200+ Franchises |
Website | servpro |
Ted and Doris Isaacson launched Servpro Industries in 1967 as a painting business in Sacramento, California.[3] With a background in cleaning and restoration, they transformed the company into a franchisor of cleanup and restoration specialists. After selling its first franchise in 1969, Servpro continued to grow, acquiring the Bristol-Myers Domesticare Division and its 175 franchises in 1979, and developing a highly regarded national franchise.[4][5][6]
Servpro relocated its corporate headquarters from Sacramento to Gallatin, Tennessee in 1988.[7] At the time of the relocation, Servpro consisted of 647 franchises. The company sold its 1,000th franchise in 2000.
To accommodate their growth, the Servpro headquarters moved to a facility of 140,000 square feet (13,000 m2) in 2005, which was expanded to 200,000 square feet (19,000 m2) in 2014. The Tennessean has listed Servpro as one of Tennessee's top workplaces eight times since 2015, including 2024.[8]
Servpro consists of 2.250 franchises in the United States and Canada (as of 2024).[9]
In March 2019, The Blackstone Group acquired a majority stake in Servpro Industries, LLC,[10][11] for an amount reportedly exceeding US$1 billion according to the Wall Street Journal.[12] The Isaacson family reinvested and maintains minority ownership. Brett Ponton is the Chief Executive Officer of SERVPRO. John Sooker is President and Chief Operating Officer. Matt Preston is Chief Legal Officer & VP. Joy Wald is Chief Information Officer. Todd Lindsey is Chief Financial Officer. Brian Voss is Chief Franchise Operating Officer, VP. Maribeth Bearfield is Chief Human Relations Officer & VP, and Rob Rajkowsik has joined the team as Chief Marketing Officer.
Servpro provides residential and commercial water, fire, mold cleanup, and restoration services. Specialty services are provided by many franchises, such as biohazard cleanup, document restoration, electronics restoration, dry cleaning, and construction.
Despite the franchise structure of numerous relatively small entities, Servpro has the capacity and organizational competence to respond to large-scale disasters, including major corporate and government contracts after Hurricane Katrina in 2005[13] and Hurricane Ike in 2008.[14][5] Servpro was contracted for drainage and restoration by government, commercial entities and numerous households after the 2010 Tennessee floods.[15] Similarly, Servpro was involved in restoration and reconstruction after Hurricane Sandy in 2012.[16][17]
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