BHMS Invests in Advanced Service Solutions

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Jan 17, 2018, 10:07 ET

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HAMMONTON, N.J., Jan. 17, 2018 /PRNewswire/ -- BHMS Investments, LP, through affiliated funds ("BHMS"), completed a material investment in Advanced Service Solutions, LLC ("Advanced" or the "Company"). The Company provides facilities maintenance services to multi-site retail, grocery and commercial property managers nationwide. Since its founding in 2007, Advanced has experienced substantial growth behind a seasoned leadership team, led by its Founder & Chief Executive Officer, Jeff Tunis. The senior management team continues to be significant shareholders in the Company.

At the closing of the transaction, Jeff said, "We are proud to partner with BHMS to help us continue to build a large, first class facilities maintenance company. Advanced has demonstrated dynamic growth over the last decade and we believe our partnership with BHMS will help the company reach the next level as well as provide us with the capital needed to expand."

Kevin L. Angelis, Managing Partner of BHMS, said, "Advanced is a premier player in a large and fragmented industry and the Company's scale, dynamic organic growth, first-class employee base and Jeff's expertise and leadership fit our mandate perfectly. We are excited about investing alongside Jeff and team and we look forward to a rewarding partnership."

About Advanced Service Solutions:
Headquartered in Hammonton, NJ, Advanced Service Solutions, LLC is a facilities maintenance manager that provides interior and exterior services to commercial clients across the country. The Company's core services include snow & ice removal, landscaping, parking lot sweeping, HVAC service & repair and interior trade services. Additional information can be found at www.4advancedservices.com.

About BHMS:
BHMS Investments, LP is a private investment firm focused on the North American middle market. The firm was founded in 2010 and is based in New York City. Additional information can be found at www.bhmsinvestments.com.

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