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American Residential Services

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American Residential Services, LLC.
IndustryPlumbing, HVAC
FounderC. Clifford Wright (co-founder)
Headquarters
Memphis, Tennessee
Area served
24 states and Washington, DC[1]
Key people
Donald K. Karnes, CEO
David M. Slott, President/COO
Revenue600 million (2010-2011)[1]
Number of employees
5,000[2]
Websitewww.ars.com

American Residential Services (ARS) is a United States network of plumbing,[4] and home and commercial heating and air conditioning (HVAC) businesses, operating under the trade name ARS/Rescue Rooter. The trade name came from the acquisition and merging of ARS and Rescue Rooter by their then parent company ServiceMaster. They have locations in 24 states.[5] The company is based in Memphis, Tennessee.

History

The name "Rescue Rooter" was trademarked in 1976 by the California based Rescue Industries Inc.[6] C. Clifford Wright co-founded American Residential Services.[7] The Servicemaster Company, based in Downers Grove, Illinois, purchased Rescue Industries. It then acquired Houston, Texas based ARS in 1999 for $92 million plus $180 million in assumed debt.[8] [9] ARS/Rescue Rooter was then acquired from ServiceMaster by two private equity firms, Caxton-Iseman Capital and Royal Palm Capital Partners, for $100 million in October 2006.

In 2015, ARS announced that it had acquired the Southern California-based air conditioning, heating, plumbing and electrical company, RighTime Home Services, and re-branded two of ARS' locations in Southern California as RighTime Home Services.[10]

Also, American Residential Services is the parent company to other service providers such as EAS ([11]) and Goettl Air Conditioning (only between 2008 and 2013).

Awards

Diamond Certified, 10th Consecutive Year (2004-2014)[12]

See also

References

  1. ^ a b "American Residential Services Completes Two Acquisitions". businesswire.com. Business Wire. Retrieved 26 March 2014.
  2. ^ "Company Overview of American Residential Services L.L.C." .businessweek.com. Bloomberg. Retrieved 26 March 2014.
  3. ^ "ARS/Rescue Rooter 2009 REBRAND 100 Winners > notable". REBRAND. Retrieved 26 March 2014.
  4. ^ Plumbing and PVC bending. Harrison Plumbing and Heating. 2014. Retrieved 26 March 2014.
  5. ^ "Who We Are" page at ARS website
  6. ^ "Rescue rooter name trademarked by Rescue Industries". The Desert News. October 25, 1978. Retrieved 26 March 2014.
  7. ^ "herc products inc (HERC:OTC US) - C. Clifford Wright Jr". businessweek.com. Bloomberg. Retrieved 26 March 2014.
  8. ^ Culloton, Dan (January 6, 1998). "Suburban firms get aggressive with mergers". newsbank.com. Daily Herald. Retrieved 26 March 2014.
  9. ^ "COMPANY NEWS; SERVICEMASTER TO BUY TEXAS COMPANY FOR $92 MILLION". nytimes.com. New York Times. March 24, 1999. Retrieved 26 March 2014.
  10. ^ "ARS® of Southern California Acquires RighTime® Home Services, Hires Seasoned HVAC Experts to Lead Team". RighTimeServices.com.
  11. ^ Efficient Attic Systems
  12. ^ http://www.diamondcertified.org/report/rescue-rooter-2

Further reading

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