Category Archives: Acquisition

KBS Announces the Acquisition of Pristine Environments

KBS Announces the Acquisition of Pristine Environments

FOR IMMEDIATE RELEASE

Kellermeyer Bergensons Services, LLC Acquires Pristine Environments.

Oceanside, CA, August 1, 2019 – Kellermeyer Bergensons Services, LLC (KBS), a leading North American provider of technology-enabled, integrated facility management services to the industrial, commercial, logistics, retail, and grocery sectors, today announced its acquisition of PE Facility Solutions, LLC (“Pristine”), a provider of facility management, contract cleaning and related services. KBS is a portfolio company of San Francisco-based private investment firm GI Partners. Pristine is owned by Massachusetts-based Great Elm Capital Corp.

Mark Minasian, Chief Executive Officer and Co-Founder of KBS stated, “Pristine is an outstanding asset and its integration into the KBS platform is an important step toward advancing our expansion into targeted end markets and services. We look forward to partnering with the Pristine leadership team, a group of top tier industry professionals who share our values and commitment to their people and customers. Combined with KBS, Pristine’s team and customers will benefit from our unmatched technology, world-class service infrastructure and continental scale.”

Hoon Cho, Managing Director at GI Partners stated, “Pristine is the seventh acquisition the KBS team has made during our partnership together, once again demonstrating that KBS is the buyer of choice for middle market facility service firms seeking liquidity, scale or partnership opportunities. We congratulate and welcome the Pristine team to KBS and are excited about the benefits that come to both organizations through this acquisition.”

Fergus O’Connell, Pristine’s Chief Financial Officer stated “We had the opportunity to get to know Mark and the KBS team during the process and were impressed by the clarity of their direction, command of the industry drivers and their intense customer focus. We are very excited to be combining our resources with KBS.” Mr. O’Connell, formerly of ISS UK and North America, will lead the Pristine integration and serve as Executive Vice President for Business Development at KBS going forward.

Added John Ehinger, a Managing Director at Great Elm Capital Management, the investment manager of Great Elm Capital Corp., “We are pleased to have partnered with Mr. O’Connell, Shaun Gordon, Jennifer Mintman and, the rest of the PEFS management team, to successfully monetize the largest position related to the legacy Full Circle portfolio. Utilizing our balance sheet and hands-on approach, the Great Elm team worked closely with PEFS to help grow the business and ultimately position it for sale to a well-respected operator like KBS.”

About KBS

Kellermeyer Bergensons Services, LLC (KBS) is a leading North American provider of technology-enabled, integrated facility management services to the industrial, commercial, logistics, retail, and grocery sectors. With more than 51,000 active customer locations in all 50 U.S. states, Canada, and Puerto Rico, KBS sets the industry standard for delivering consistently high quality, compliant and cost-effective facility service solutions. Based in Oceanside, Calif., the company is majority owned by GI Partners. For more information on Kellermeyer Bergensons Services, please visit www.kbs-services.com.

About GI Partners

GI Partners is a private investment firm based in San Francisco. The firm has raised $17 billion in capital from leading institutional investors across the globe. GI Partners’ private equity team focuses on investments in the IT Infrastructure, Healthcare, Software, and Services sectors. For more information on GI Partners, please visit www.gipartners.com.

About PE Facility Services

PE Facility Services (Pristine Environments) manages, maintains and optimizes the performance of mission critical facilities for industrial, institutional corporate real estate owners in nearly 150 million square feet of specialized buildings throughout North America. From life sciences, aerospace, datacenters, oil + gas, telecom, health and wellness, and commercial real estate, our team of nearly 900 professionals keeps these industries buildings and facilities operating efficiently, sustainably and on budget. www.pristine-environments.com.

About Great Elm Capital Corp.

Great Elm Capital Corp. is an externally-managed business development company that invests in the debt instruments of middle market companies with enterprise values typically between $100 million and $2 billion and a focus on special situations and catalyst-driven opportunities. Its stock is traded on NASDAQ under the ticker symbol “GECC”. For more information on GECC, please visit www.greatelmcc.com.

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Contact: Nathaniel Shaw, Chief Commercial Officer, nshaw@kbs-services.com

KBS Announces Acquisition of Capital Contractors Inc.

KBS Announces Acquisition of Capital Contractors Inc.

FOR IMMEDIATE RELEASE Kellermeyer Bergensons Services, LLC Acquires Capital Contractors Inc. Oceanside, CA, April 2, 2019 – Kellermeyer Bergensons Services, LLC (KBS), a leading North American provider of technology-enabled, integrated facility management services to the industrial, commercial, logistics, retail, and grocery sectors, today announced that it has acquired Capital Contractors Inc. (Capital), a provider of Continue Reading

KBS Completes Acquisition of Emmaculate Reflections, LLC

KBS Completes Acquisition of Emmaculate Reflections, LLC

Kellermeyer Bergensons Services, LLC (KBS), a leading provider of technology-enabled, integrated interior and exterior property services to commercial, industrial, retail, grocery, and multi-site customers in North America, today announced the acquisition of Emmaculate Reflections, an independently-owned provider of contract cleaning and facility support services to major restaurant chains. Emmaculate Reflections will be an operating division Continue Reading

KBS Announces Acquisition of East Coast & National Maintenance Systems

KBS Announces Acquisition of East Coast & National Maintenance Systems

Expands KBS’s Integrated Facility Management Solutions with Exterior Services in Snow and Ice Management, Landscaping and Parking Lot Services Kellermeyer Bergensons Services, LLC (KBS), the largest provider of technology-enabled, integrated interior and exterior property services to multi-region and multi-site customers in North America, today announced the acquisition of East Coast Lot and Pavement Maintenance (East Continue Reading

KBS Completes Acquisition of Empire Services

KBS Completes Acquisition of Empire Services

Kellermeyer Bergensons Services, LLC (KBS), the largest provider of technology-enabled, integrated interior and exterior property services to multi-site and multi-region customers in North America, today announced it completed the acquisition of Empire Services (Empire), an independently-owned commercial facility maintenance company headquartered in New Orleans. The transaction closed on December 29, 2017. Mark Minasian, Chief Executive Continue Reading

Kellermeyer Bergensons Services Completes Acquisition of Varsity Facility Services

Kellermeyer Bergensons Services Completes Acquisition of Varsity Facility Services

Combined company leverages technology, broadens services platform and customer sectors Kellermeyer Bergensons Services, LLC (KBS), the largest provider of technology-enabled, integrated interior and exterior property services to retailers, grocers, and multi-site customers in North America, announced that it has purchased Varsity Facility Services, a leading facility services provider in the United States and Canada. Varsity Continue Reading

KBS Purchases Image by J&K L.L.C.

KBS Purchases Image by J&K L.L.C.

Kellermeyer Bergensons Services, L.L.C. (“KBS”), the largest provider of technology-enabled, integrated interior and exterior property services to retailers, grocers, and multi-site customers in North America, announced that it has purchased Image by J&K L.L.C., a provider of facilities maintenance services. Image was founded in 2006 by James Land IV, with his brother and mother.  Operating Continue Reading

GI Partners Announces Completion of Kellermeyer Bergensons Acquisition

GI Partners Announces Completion of Kellermeyer Bergensons Acquisition

GI Partners (“GI”), a leading middle market private equity firm, announced that it has completed the previously announced acquisition of Kellermeyer Bergensons Services, L.L.C. (“KBS”), a leading provider of integrated facilities management services to many of the largest retail and grocery chains in North America. KBS was established in 2011 after the merger of Kellermeyer Continue Reading

GI Partners to Acquire Kellermeyer Bergensons Services

GI Partners to Acquire Kellermeyer Bergensons Services

GI Partners (“GI”), a leading middle market private equity firm, announced that it has signed a definitive agreement to acquire Kellermeyer Bergensons Services, L.L.C. (“KBS”), a leading provider of integrated facilities management services to many of the largest retail and grocery chains in North America, from funds managed by Kohlberg & Company, L.L.C. KBS was Continue Reading