Serve Robotics Inc

ServiceMaster Brands® is a leading franchise provider of essential residential and commercial services. Founded in 1929, the company is home to over 3,500 franchisees across 4,900+ locations serving over 1,000,000 homes and businesses in 2021. ServiceMaster was founded with a deep commitment to integrity and customer service and does business under nine brands today across 50 states and ten countries that generate more than $3.5B in system-wide sales: ServiceMaster Restore®, ServiceMaster Recovery Management®, ServiceMaster Clean®, Merry Maids®, TWO MEN AND A TRUCK ®, Aftermath Services®, Indoor Science, AmeriSpec®, and Furniture Medic®. While each brand maintains a distinct identity, we share a commitment to our mission to make everyday heroes more heroic. From our franchisee experience to career development to our community, our values – We Serve, We Care, We Deliver, We Do - guide us. Working as part of our team means bringing your best ideas to work every day and seeing the impact of your contributions. Stars in our company at all levels are builders—they love to create, lead and see their plan come to life. Our best people understand that while great ideas are important, they require incredible focus and teamwork to execute. Life inside our company is the opportunity to do the best work of your career with a high energy. ServiceMaster Brands is headquartered in Atlanta, Georgia. Roark Capital Group acquired ServiceMaster Brands in October 2020. Roark focuses on investing in the consumer and business services sectors, with a specialization in multi-location and franchised businesses. Since inception, affiliates of Roark have invested in 100 multi-location, franchised brands, which collectively generate $62 billion in annual system revenues from 66,000 locations in 50 states and 89 countries. Please visit www.roarkcapital.com to learn more.

The full company name is Serve Robotics Inc.

Magna International

Serve to rely on Magna's manufacturing expertise to scale its fleet to up to 2,000 robots for Uber Eats and for geographic expansion Magna has been licensing Serve's technology to support development of new robotic products SAN FRANCISCO , April 24, 2024 /PRNewswire/ -- Serve Robotics Inc. (the "Company" or "Serve") (NASDAQ:SERV), a leading autonomous sidewalk delivery company, today announced an expansion of their existing agreement with Magna International Inc. ("Magna") (TSX: MG; NYSE: MGA), one of the world's largest automotive suppliers, to accelerate the adoption of robotics in logistics. Under the terms of a new production and purchase agreement effective April 24, Magna will become the exclusive contract manufacturer of Serve's delivery robots, supporting Serve's plan to deploy up to 2,000 robots on the Uber Eats platform across multiple U.S. markets.

Serve Robotics Enters Production Agreement with Magna to Scale Robot Manufacturing

Uber

SAN FRANCISCO , April 22, 2024 /PRNewswire/ -- Serve Robotics Inc. (the "Company" or "Serve"), a leading autonomous sidewalk delivery company, today announced the closing of its underwritten public offering of 10,000,000 shares of common stock at a price to the public of $4.00 per share, for aggregate gross proceeds of $40 million, prior to deducting underwriting discounts and offering expenses. The offering included the participation of one of Serve's largest stockholders and strategic partners, Postmates, LLC, a wholly-owned subsidiary of Uber Technologies Inc (NYSE: UBER).

Serve Robotics Inc. Announces Closing of $40 Million Public Offering and Uplisting to the Nasdaq Capital Market Under New Ticker "SERV"

SAN FRANCISCO , April 17, 2024 /PRNewswire/ -- Serve Robotics Inc. (the "Company" or "Serve"), a leading autonomous sidewalk delivery company, today announced the pricing of its underwritten public offering of 10,000,000 shares of common stock at a price to the public of $4.00 per share, for aggregate gross proceeds of $40 million, prior to deducting underwriting discounts and offering expenses. The offering includes the participation of one of Serve's largest stockholders and strategic partners, Postmates, LLC, a wholly-owned subsidiary of Uber Technologies Inc (NYSE: UBER).

Serve Robotics Inc. Announces Pricing of $40 Million Public Offering and Uplisting to the Nasdaq Capital Market Under New Ticker "SERV"

Roark Capital, an Atlanta-based private equity firm focused on investing in franchised and multi-location businesses, announced today that its affiliate has acquired ServiceMaster Brands.

Roark Capital Acquires ServiceMaster Brands

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SERV #WeDeliver--ServiceMaster Global Holdings, Inc. (NYSE: SERV), a leading provider of essential services to residential and commercial customers, today announced that it has completed the sale of its ServiceMaster Brands franchise businesses to an affiliate of investment funds managed by Roark Capital Management LLC for $1.553 billion. With the completion of the sale, the Company is changing its name to Terminix Global Holdings, Inc., and its stock will begin trading Monday,

ServiceMaster Completes Sale of Franchise Business Segment for $1.553 Billion

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SERV #CSR--This week, thousands of employees from ServiceMaster Global Holdings, Inc. (NYSE: SERV), a leading provider of essential services to residential and commercial customers, will volunteer their time and energy to support community organizations across the United States as part of We Care Week 2020. This will be the seventh year ServiceMaster and its subsidiary brands have celebrated the annual signature event, but this effort will look different from past years, a

ServiceMaster and Terminix Give Back with Virtual We Care Week 2020

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SERV #divestiture--ServiceMaster Global Holdings, Inc.

ServiceMaster Global Holdings to Become Terminix Global Holdings, Change Ticker Symbol to TMX

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Companies In The News Are: M, BF.B, HRB, SERV.

Company News for Sep 3, 2020

Shares of ServiceMaster Global Holdings Inc. SERV, -1.30% were indicated up nearly 4% in premarket trading Wednesday, after the termite and pest control company said it's selling its ServiceMaster Brands franchise business for $1.55 billion to Roark Capital.

ServiceMaster to divest ServiceMaster brands business to focus on Terminix

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SERV #WeDeliver--ServiceMaster Global Holdings, Inc.

ServiceMaster Global Holdings to Sell ServiceMaster Brands Franchise Business to Roark Capital for $1.553 Billion

ServiceMaster's (SERV) second-quarter 2020 results reflect growth in Terminix revenues.

ServiceMaster (SERV) Beats Q2 Earnings & Revenue Estimates

ServiceMaster Global Holdings, Inc. (SERV) CEO Naren Gursahaney on Q2 2020 Results - Earnings Call Transcript

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SERV #WeDeliver--ServiceMaster (NYSE: SERV) Names Brett T.

ServiceMaster Names Brett T. Ponton as Its Next Chief Executive Officer

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SERV #WeDeliver--ServiceMaster Delivers Second-Quarter 2020 Revenue Growth of 8 Percent, Net Income of $53 million, and Adjusted EBITDA of $119 million, up 15%

ServiceMaster Delivers Second-Quarter 2020 Revenue Growth of 8 Percent, Net Income of $53 million, and Adjusted EBITDA of $119 million, up 15%

MEMPHIS, Tenn.--(BUSINESS WIRE)--ServiceMaster launches new anti-microbial service, the next generation of infection prevention.

CORRECTING and REPLACING ServiceMaster Launches New Anti-Microbial Service

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SERV #NYSE--ServiceMaster Global Holdings, Inc.

ServiceMaster Global Holdings to Announce Second-Quarter 2020 Results

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $SERV #backyard--To recognize National Mosquito Awareness Week (June 21-27), Terminix, a leading provider of termite and pest control services and a ServiceMaster (NYSE: SERV) company, is sharing expert knowledge to help homeowners ward off mosquitoes and the serious diseases they can potentially transmit such as West Nile Virus and St. Louis encephalitis, and globally, Zika, malaria and dengue. With travel and vacation on hold for millions across the country this summer, and ma

Terminix Uncovers Top Mosquito Myths During National Mosquito Awareness Week

ServiceMaster's (SERV) revenue streams are diversified across customers and geographies, which enable it to mitigate risks.

Here's Why You Should Hold on to ServiceMaster (SERV) Stock

The parent company of Terminix and Merry Maids supplied optimistic second-quarter guidance today.

Why Servicemaster Stock Rose 10.6% Today

Shares of Terminix parent ServiceMaster Global Holdings Inc. SERV, -1.57% gained 0.3% in premarket trading Thursday, to buck the big selloff in the broader stock market, after the pest control company provided an upbeat revenue outlook for the second quarter.

ServiceMaster's stock gains after upbeat revenue outlook

NEW YORK, June 4, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of ServiceMaster Global Holdings, Inc. (NYSE: SERV) between February 26, 2019 and November 4, 2019, inclusive (the "Class Period"), of the important June 9, 2020...

ROSEN, A LONGSTANDING AND TRUSTED FIRM, Reminds ServiceMaster Global Holdings, Inc. Investors of Important June 9 Deadline in Securities Class Action - SERV

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BERWYN, Pa., May 27, 2020 /PRNewswire/ -- RM LAW, P.C. announces that a class action lawsuit has been filed on behalf of all persons or entities that purchased ServiceMaster Global Holdings, Inc. ("ServiceMaster" or the "Company") (NYSE: SERV) securities during the period from February...

RM LAW Announces Class Action Lawsuit Against ServiceMaster Global Holdings, Inc.

PHILADELPHIA, May 27, 2020 /PRNewswire/ -- Berger Montague is continuing to investigate securities fraud claims against ServiceMaster Global Holdings, Inc. ("ServiceMaster" or the "Company") on behalf of all purchasers of ServiceMaster common stock (NYSE: SERV) between February 26, 2019...

ServiceMaster News: Berger Montague Continues Investigation Into Securities Fraud Class Action Claims Against ServiceMaster Global Holdings, Inc. (NYSE: SERV); Lead Plaintiff Deadline is June 9, 2020

ServiceMaster (SERV) to launch disinfection services at Terminix and is pursuing tuck-in acquisitions

News for Serve Robotics Inc Stock (SERV)