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American Services history
American Services company history timeline
American Services, Inc. has grown from an entrepreneurial start-up in 1975 to become one of the largest Southeastern-based multi-faceted service firms with over 5,000 personnel in security, staffing and janitorial.
American Security, LLC was founded in 1975 by Henry Harrison, a retired South Carolina Highway Patrol Sergeant.
By September 1978 the company merged with City Investing Co.'s GDV Inc. division, an acquisition of $188.7 million.
In 1985 Allegheny Beverage Corp. purchased Servomation for $225 million and merged it with its Macke division.
In 1986, George Cloutier started American Management Services to help independent business owners grow sales, profit, and cash flow.
American Management Services, Inc. was founded in 1986 by George Cloutier, a graduate of Harvard College and Harvard Business School.
Led by Chief Executive Officer Carr Newcomer, a group of frustrated Service America senior managers teamed up with the New York investment banking firm of Morgan Lewis Githens and Ahn, Inc. (MLGH&A), and Merrill Lynch Interfunding to purchase Service America from Allegheny Beverage in 1987.
In 1988 Hank decided to retire and have his son Kenneth Fredericks take over ownership of Hansco.
Newcomer led Service America until mid-1989, when Steven Leipsner became the company's CEO and president.
In October 1990 the company began a two-year struggle to restructure nearly $400 million in debt.
But just one year and a 1992 loss of $63 million later, Service America found itself in Federal Bankruptcy Court seeking protection from creditors owed a total of $312 million in long-term debt.
In 2012, the separate LLCs were formed under the corporate umbrella and each LLC operates independently with its separate management structure.
Mitchelene BigMan, president and founder of the Native American Women Warriors (NAWW), performs a tribal dance for attendees of the National American Indian Heritage Month observance at Redstone Arsenal, Alabama, in November 2019.
Chief Warrant Office Two Misty Dawn Lakota (Oglala Lakota) takes part in the White House Conference on Supporting Contemporary Native American Veterans in 2019.
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American Services competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Lt Security Inc. | - | $11.0M | 375 | 11 |
| Aqua | 1886 | $671.0M | 1,700 | 100 |
| Red River Waste Solutions | 1953 | $42.5M | 15 | 16 |
| Reed | 2003 | $1.3M | 20 | - |
| Oil Center Research | - | $29.0M | 125 | - |
| Quarles Petroleum | 1940 | $6.5M | 25 | - |
| Seven Seas Water | 1997 | $56.8M | 102 | 80 |
| El Paso Electric | 1901 | $862.0M | 1,100 | - |
| People's Energy Cooperative | 1936 | $51.4M | 73 | - |
| Hawaii Gas | 1904 | $281.1M | 2 | 35 |
American Services history FAQs
Zippia gives an in-depth look into the details of American Services, including salaries, political affiliations, employee data, and more, in order to inform job seekers about American Services. The employee data is based on information from people who have self-reported their past or current employments at American Services. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by American Services. The data presented on this page does not represent the view of American Services and its employees or that of Zippia.
American Services may also be known as or be related to American Services Inc, American Services and American Services, Inc.