MALVERN, PA– March 7, 2019 – Advanced Service Solutions, LLC has completed the acquisition of TotalFacility, Inc., located in Malvern, Pennsylvania.
Founded in 2007 with its roots in snow & ice removal, Advanced has become a premier full-service facilities maintenance provider through dynamic growth and a dedicated approach to delivering best-in-class quality and customer service. TotalFacility has been historically focused on interior services and this acquisition will serve to bolster Advanced’s interior maintenance division. Alex Tavangar, President & COO of TotalFacility, will assume a leadership position with Advanced.
Jeff Tunis, Chief Executive Officer of Advanced, said, “We are proud to welcome Alex and the entire TotalFacility team to the Advanced family. We are excited by the benefits this combination will bring the combined customer base, both through enhanced service offerings and access to an expanded network of qualified service providers.”
In January 2018, Advanced partnered with BHMS Investments, LP to help the Company navigate its next stage of growth and provide capital support for strategic acquisitions. Advanced remains highly interested in partnering with or acquiring well-run businesses led by entrepreneurial owners in the facilities maintenance space. TotalFacility was advised by Fairmount Partners on the transaction.
Established in 1990, TotalFacility is the premier provider of comprehensive facility services to multi-location clients throughout the United States and Canada. TotalFacility focuses solely on facilities management, which allows clients to focus on their core business and not spend critical resources and staff on non-core tasks. Our experience includes extensive work with retailers, real estate service companies, restaurants, warehousing, banking, healthcare, and other market sectors. For more information, visit: http://www.totalfacility.com.
About Advanced Service Solutions, Inc.
Headquartered in Hammonton, NJ, Advanced Service Solutions is a National Facilities Maintenance Company recognized for providing streamlined commercial maintenance solutions utilizing customized technology and on-site quality control supervision. The Company’s core services include snow & ice removal, landscaping, parking lot sweeping, HVAC service & repair and interior trade services. For more information, visit: http://www.advancedservice.com.
About Fairmount Partners
Fairmount Partners advises middle-market growth companies on mergers and acquisitions, capital-raising and strategy. We have completed more than 215 transactions spanning North and South America, Europe, Asia and Australia. Our Technology Group’s current focus areas include: (i) Cloud Applications (SaaS); (ii) Vertical Applications (i.e., Healthcare, Energy, Financial, Aerospace & Defense, HR Tech); (iii) Enterprise Software; (iv) Big Data; (v) Data Aggregation and Analytics; (vi) Digital Media; (vii) Internet of Things (IoT); (viii) Infrastructure Software; (ix) Internet Commerce & Services; and (x) Telecommunications Software & Equipment. For more information, visit: http://www.fairmountpartners.com.
Contact: Allen Born