Graddon Equity Advisors facilitated the transaction between KBM Facility Solutions and Pristine Environments Merger
Graddon Equity Advisors continues to bring companies together in the facility and maintenance sector.
Seattle, WA, August 8, 2013 – Graddon Equity Advisors, an Acquisitions and Mergers leader in the facility services industry announces the successful merger of KBM Facility Solutions with Pristine Environments. “We are delighted to have represented KBM Facility Solutions through this transaction working through the natural transitions that take place in a transaction like this,” stated Lyle Graddon of Graddon Equity.
The merger brings together Pristine Environments (PEI), a leading provider of specialized facility maintenance (FM) solutions, with KBM Facility Solutions (KBM), a specialty provider of facility and maintenance services. Headquartered in Southern California, KBM has offices in San Diego, Los Angeles, Palm Springs, Seattle, Houston, Austin, Chicago, St. Louis, Sacramento, San Francisco, Charleston, Philadelphia, Toronto and Vancouver. The combined company services over 50,000,000 square feet of facilities throughout North America.
KBM, founded in 1981, specializes in providing maintenance and janitorial services to biotech, aerospace, technology and retail facilities. KBM operates a national client service center in Palm Springs, California where they manage over 3,000 facilities for their national footprint clients to include some of the largest consumer retail brands in the world.
“Today we are proud to announce that KBM/Pristine Environments are together, serving our clients from all points of North America.”, stated Brian Snow the CEO of Pristine Environments.
“Together with KBM we share a commitment to our People, the Planet in which we are stewards and in a cutting edge business Process—our professionals will continue to work tirelessly to provide integrated service solutions to our specialized facility clients.”
Graddon Equity Advisors also facilitated the merger between Pristine Environments and Bee Labor Janitorial Services in May of 2012. BeeLabor’s senior management team is working in concert with Pristine Environments’ leadership from the company’s new Fairfax, Virginia regional headquarters. With the addition of BeeLabor, Pristine Environments’ was able to service over 100 unique facilities in the Washington region, delivering both Engineering and Janitorial services.
These facilities include clients such as VeriSign, BAE, L3 Communications, TASC and Northrop Grumman, who rely on Pristine Environments for mission critical facility services in their secure buildings throughout the region.
These developments continue to diversify Pristine Environments’ client portfolio while adding significant scale to its operating platform and dramatically expanding the company’s service delivery capabilities throughout North America.
Pristine Environments provides a comprehensive suite of facility maintenance (FM) and high performance green cleaning services to critical environments, Biotech + Pharma, Healthcare, Retail, Education, Secure facilities and Commercial Real Estate clients throughout North America.
About Graddon Equity Advisors
Graddon Equity Advisors, headquartered in Kirkland, Washington is a consulting firm providing merger & acquisition intermediary assistance, and business & financial advisory services to facility services firms throughout North America. We work with both buyers and sellers. Our service focus areas are in merger & acquisition intermediary services, business coaching, strategic planning, exit plan development, marketing plans, business restructure services, private capital raising, and financial advisory.
Graddon Equity Advisors consists of a network of professionals with business management and transaction expertise. Having sold their own businesses, they can empathize with the business seller’s decision process and they make clients more comfortable with the emotional turmoil that surrounds selling their business. They understand the importance of keeping the transaction confidential.
If you would like more information about this topic, please contact Lyle Graddon at 425.864.1872 or email at Lyle@graddonequity.com.
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