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FOR IMMEDIATE RELEASE
Contact: Jeff Rogers, OneAccord
Phone: (425) 250-0883
Coast Workplace Solutions Announces Acquisition by Advanced Service Solutions
OneAccord served as exclusive sell-side advisor
KIRKLAND, Washington, May 3, 2021: OneAccord is pleased to announce its client, Coast Workplace Solutions, Inc., has been acquired by Advanced Service Solutions, LLC., a portfolio company of BHMS Investments, LP. OneAccord served as the exclusive sell-side advisor in the acquisition.
"We are very pleased with this transaction," said Shawn Hoban, CEO and co-founder of Coast Workplace Solutions. "Identifying a buyer that would care for our clients and our employees was paramount. Working with OneAccord, we were able to do just that. Their team understood our goals and our values and aligned a strategy that met all of our expectations. We are proud of what we have accomplished from startup to exit with Coast Workplace Solutions."
Coast Workplace Solutions is a facilities management company providing nationwide interior services ranging from plumbing and electrical repairs to HVAC maintenance. The company is based in Everett, WA. Zach Richter, president, will continue to serve in a leadership role with Advanced Service Solutions.
“It was a pleasure working with all parties involved,” said Brian Jorgenson, managing director at OneAccord. “We were grateful for the opportunity to advise Coast in this transaction, and we believe that they couldn’t have found a better partner than Advanced.”
Advanced Service Solutions is a full-service facilities maintenance company that focuses on interior and exterior services for commercial properties across the United States and Canada. It was founded in 2007 and acquired by private investment firm BHMS Investments in 2018. Its acquisition of Coast Workplace Solutions will serve to bolster its interior maintenance division.
About OneAccord
OneAccord is a values-based company. Our commitment to clients' goals and legacies is what guides our vision of being a trusted partner for the most important event in the life of a business.
Our capital advisory services team is devoted exclusively to serving family-owned, privately held businesses with the best practices typically seen in large institutional transactions. The team embodies decades of M&A and corporate finance experience.
For more information, contact Jeff Rogers at (425) 250-0883 or by email.