ServiceTitan partners with Roto-Rooter to enhance operational efficiency and customer service through advanced technology solutions.
Quiver AI Summary
ServiceTitan has announced a strategic partnership with Roto-Rooter, the leading provider of plumbing services in North America, to provide its advanced software technology to Roto-Rooter’s extensive network of branches across the U.S. This collaboration aims to enhance Roto-Rooter’s operational efficiency and growth, enabling the company to deliver improved customer service and create new revenue opportunities. Both companies emphasize this partnership as a continuation of Roto-Rooter's legacy of technological innovation, with ServiceTitan's platform streamlining operations and empowering staff. The partnership will leverage ServiceTitan’s technology in Roto-Rooter’s call centers and branch locations, ultimately setting a new standard for service excellence in the plumbing industry.
Potential Positives
- The strategic partnership with Roto-Rooter enhances ServiceTitan's visibility and credibility in the plumbing and trades industries, aligning with the largest provider of plumbing services in North America.
- This collaboration will drive business growth and profitability for Roto-Rooter, which likely reflects positively on ServiceTitan's technology, showcasing its effectiveness in real-world applications.
- ServiceTitan's technology will be utilized to streamline operations and increase efficiency for Roto-Rooter, potentially leading to more clients seeking ServiceTitan's solutions.
- The partnership opens up new revenue opportunities for both companies and sets a new standard for innovation and service within the industry, enhancing ServiceTitan's market position.
Potential Negatives
- While the press release highlights a significant partnership, it does not provide key financial details regarding the expected costs or investments associated with the partnership, which could be a concern for stakeholders anticipating profit information.
- The statement contains forward-looking statements, indicating uncertainty about future outcomes, which could raise concerns among investors about the reliability of the partnership's projected benefits.
- The release focuses heavily on the partnership with Roto-Rooter and may divert attention from other aspects of ServiceTitan’s business performance or challenges, leaving a gap in overall corporate transparency.
FAQ
What is the new partnership between ServiceTitan and Roto-Rooter?
ServiceTitan has partnered with Roto-Rooter to provide advanced technology to enhance efficiency and growth across Roto-Rooter’s network.
How will ServiceTitan's technology benefit Roto-Rooter?
ServiceTitan's technology will help Roto-Rooter streamline operations, create revenue opportunities, and improve the customer experience across its services.
What services does Roto-Rooter provide?
Roto-Rooter offers plumbing, drain cleaning, water restoration, sewer repair, and water softening among its extensive range of services.
When was Roto-Rooter founded?
Roto-Rooter was founded in 1935 and has a longstanding reputation as a leader in plumbing services in North America.
Where can I find more information about ServiceTitan and Roto-Rooter?
Visit ServiceTitan at www.servicetitan.com and Roto-Rooter at www.rotorooter.com for more details about their services and partnership.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$TTAN Congressional Stock Trading
Members of Congress have traded $TTAN stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $TTAN stock by members of Congress over the last 6 months:
- REPRESENTATIVE ROBERT BRESNAHAN purchased up to $15,000 on 06/11.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$TTAN Insider Trading Activity
$TTAN insiders have traded $TTAN stock on the open market 102 times in the past 6 months. Of those trades, 0 have been purchases and 102 have been sales.
Here’s a breakdown of recent trading of $TTAN stock by insiders over the last 6 months:
- VENTURE PARTNERS VIII L.P. BESSEMER has made 0 purchases and 20 sales selling 1,037,237 shares for an estimated $109,264,313.
- ARA MAHDESSIAN (Chief Executive Officer) has made 0 purchases and 16 sales selling 195,063 shares for an estimated $20,892,516.
- WILLIAM J.G. GRIFFITH has made 0 purchases and 6 sales selling 90,917 shares for an estimated $10,000,103.
- STRATEGIC PARTNERS V, L.P. ICONIQ has made 0 purchases and 6 sales selling 90,917 shares for an estimated $10,000,103.
- VAHE KUZOYAN (President) has made 0 purchases and 10 sales selling 74,388 shares for an estimated $8,207,179.
- DAVID SHERRY (Chief Financial Officer) has made 0 purchases and 24 sales selling 38,581 shares for an estimated $3,956,650.
- BYRON B DEETER has made 0 purchases and 12 sales selling 31,187 shares for an estimated $3,511,656.
- MICHELE O'CONNOR (Chief Accounting Officer) has made 0 purchases and 8 sales selling 7,225 shares for an estimated $702,195.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$TTAN Analyst Ratings
Wall Street analysts have issued reports on $TTAN in the last several months. We have seen 9 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- BMO Capital issued a "Outperform" rating on 08/28/2025
- Piper Sandler issued a "Overweight" rating on 07/22/2025
- Needham issued a "Buy" rating on 06/06/2025
- Baird issued a "Outperform" rating on 06/04/2025
- Stifel issued a "Buy" rating on 05/30/2025
- TD Securities issued a "Buy" rating on 05/21/2025
- Keybanc issued a "Overweight" rating on 04/25/2025
To track analyst ratings and price targets for $TTAN, check out Quiver Quantitative's $TTAN forecast page.
$TTAN Price Targets
Multiple analysts have issued price targets for $TTAN recently. We have seen 11 analysts offer price targets for $TTAN in the last 6 months, with a median target of $130.0.
Here are some recent targets:
- Daniel Jester from BMO Capital set a target price of $129.0 on 08/28/2025
- Yun Kim from Loop Capital set a target price of $140.0 on 08/18/2025
- Brent Bracelin from Piper Sandler set a target price of $150.0 on 07/22/2025
- Josh Baer from Morgan Stanley set a target price of $109.0 on 06/06/2025
- Scott Berg from Needham set a target price of $140.0 on 06/06/2025
- Joe Vruwink from Baird set a target price of $124.0 on 06/04/2025
- Parker Lane from Stifel set a target price of $125.0 on 05/30/2025
Full Release
LOS ANGELES, Sept. 04, 2025 (GLOBE NEWSWIRE) -- ServiceTitan (Nasdaq: TTAN), the software platform that powers the trades, today announced a strategic partnership with Roto-Rooter , the largest provider of plumbing, drain cleaning, and water cleanup services in North America. This new partnership will equip Roto-Rooter’s vast network of company-owned branches throughout the U.S. with ServiceTitan’s industry-leading technology to drive business growth and profitability, while continuing to deliver on Roto-Rooter’s commitment to innovation and exceptional service.
“For nearly a century, Roto-Rooter has been a gold standard in plumbing and customer care,” said Ara Mahdessian, co-founder and CEO of ServiceTitan. “Through this new partnership, ServiceTitan’s enterprise-grade platform will deliver outsized ROI by helping Roto-Rooter unlock new levels of efficiency and growth so they can achieve their ambitious business goals. That means creating new revenue opportunities, streamlining operations at scale, and empowering technicians to deliver an unmatched customer experience. As the operating system that powers the trades, ServiceTitan is proud to partner with Roto-Rooter and set a new standard for excellence across the entire industry.”
In addition to its core residential plumbing and drain business, Roto-Rooter has a strong presence across multiple verticals, including commercial plumbing and drain services, water restoration, sewer repair and replacement, water softening & filtration, and more.
“Ever since our founder, Samuel Blanc, invented the world’s first electric sewer cleaning machine more than 90 years ago, Roto-Rooter has remained at the forefront of technological innovation within our industry,” said Robert Goldschmidt, President of Roto-Rooter. “We believe our partnership with ServiceTitan is the next step in our legacy of innovation. Now, thousands of our field employees and office staff will be able to harness the power of ServiceTitan’s best-in-class technology, helping to increase efficiency, automation, and standardization across most of the departments within our nationwide network. As a result, our teams will have more time to focus on our most important job, delivering outstanding industry-leading service to our customers,” he added.
This partnership represents a new chapter, expanding the impact of ServiceTitan’s technology through Roto-Rooter’s three national call centers and its entire network of branch locations, which serve the largest metro areas in the United States.
For more information about ServiceTitan, visit https://www.servicetitan.com .
About ServiceTitan
ServiceTitan is the software platform that powers trades businesses. The company’s cloud-based, end-to-end solution gives contractors the tools they need to run and grow their business, manage their back office, and provide a stellar customer experience. By bringing an integrated SaaS platform to an industry historically underserved by technology, ServiceTitan is equipping tradespeople with the technology they need to keep the world running.
About Roto-Rooter
Founded in 1935, Roto-Rooter is a wholly owned subsidiary of Chemed Corporation (NYSE CHE), and is the largest provider of plumbing, drain cleaning, and water cleanup services in North America. Roto-Rooter provides services to homeowners and businesses in 121-company-owned territories, and more than 345 franchise territories in the U.S. and Canada. For more information about Roto-Rooter, visit
https://www.rotorooter.com
© 2025 ServiceTitan. All rights reserved. ServiceTitan, the ServiceTitan logo, and all ServiceTitan product and service names mentioned herein are registered trademarks or unregistered trademarks of ServiceTitan, Inc. in the United States and other countries. Other brand names and marks mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s). This press release contains forward-looking statements based on information available as of the date of this release. All statements other than statements of historical facts may be forward-looking statements. Outcomes may materially differ from those discussed within this release. Neither party undertakes any obligation to update any forward-looking statements, except as required by law.
Press Contact
Max Wertheimer
ServiceTitan, Inc.
[email protected]
Press Contact
Paul Abrams
Roto-Rooter Plumbing & Water Cleanup
[email protected]
(513) 762-6434