Roark Capital completed the acquisition of ServiceMaster Brands business from ServiceMaster Global for $1.5bn.

Roark Capital, a private equity firm, completed the acquisition of ServiceMaster Brands business, a provider of pest control services, from ServiceMaster Global, a provider of residential and commercial services, for $1.5bn. "We are thrilled to welcome ServiceMaster Brands to our family. We are excited to partner with the team and support ServiceMaster Brands’ long-tenured and successful franchisees to realize the tremendous growth potential of these brands," Mike Thompson, Roark Capital Managing Director.