Add-on Acquisition • Business Services

KBS Acquires East Coast Lot & Pavement Maintenance

On January 10, 2018, KBS acquired business services company East Coast Lot & Pavement Maintenance

Acquisition Context
  • This is KBS’s 2nd transaction in the Business Services sector.
  • This is KBS’s 4th transaction in the United States.
  • This is KBS’s 1st transaction in Rhode Island.

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M&A Deal Summary

Date January 10, 2018
Target East Coast Lot & Pavement Maintenance
Sector Business Services
Buyer(s) KBS
Deal Type Add-on Acquisition

Target Company

East Coast Lot & Pavement Maintenance

Pawtucket, Rhode Island, United States
East Coast Lot & Pavement Maintenance Corp. offers a full line of on-site maintenance services including regenerative air and brush truck sweeping, snow and ice removal, landscaping, power washing, asphalt repair, line striping and crack filling.
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Buyer Overview 1

Buyer

KBS

Oceanside, California, United States

Category Company
Founded 1967
Sector Business Services
DESCRIPTION

KBS is a provider of integrated facilities management services, including outsourced janitorial cleaning and other services, to some of the largest retail and grocery customers in the United States. KBS was founded in 1967 and is based in Oceanside, California.


Deal Context for Buyer #
Overall 4 of 14
Sector: Business Services 2 of 8
Type: Add-on Acquisition 4 of 14
State: Rhode Island 1 of 1
Country: United States 4 of 14
Year: 2018 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-03 Empire Services

New Orleans, Louisiana, United States

Empire Services is a commercial facility maintenance company has grown over the last 20+ years to become one of the leading facility services organizations in the Southeast. Through more than 1,100 carefully-selected and trained staff, Empire Services delivers a full range of quality facility services in packages specially designed and customized for each of our more than 500 customers. As a company with a local presence, Empire Services believes that we have a corporate responsibility to support the communities in which our customers do business. Company headquartered in New Orleans, Louisiana, with branch offices in Baton Rouge, Louisiana, Monroe, Louisiana, Austin, Texas, and Metairie, Louisiana. Empire Services.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-12 Emmaculate Reflections Cleaning Services

Fort Lauderdale, Florida, United States

Emmaculate Reflections Cleaning Service is a full service company providing the highest quality, most cost-effective janitorial services to the food service, restaurant, entertainment and hospitality industries. Emmaculate Reflections specializes in cleaning dining rooms, kitchens, kitchen equipment, bars and lounges, restrooms, pressure washing, carpet washing, event staffing and porter services. Formed in 1984, Emmaculate Reflections has its footprint in 20 states east of the Mississippi River and Texas.

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