Kellermeyer Bergensons Services Acquires Housekeeping Company
Kellermeyer Bergensons Services (KBS), a provider of technology-enabled, integrated facility management services, announced its acquisition of Hospitality Staffing Solutions (HSS).
Headquartered in Atlanta, HSS is a provider of outsourced housekeeping and related services to the hospitality sector in the United States. With operations in 38 states and Puerto Rico, HSS provides a comprehensive suite of services, including housekeeping, food service, laundry, and groundskeeping, as well as outsourcing solutions for day-to-day management responsibilities, including hiring, training, and payroll. Founded in 1990, the company currently supports more than 1,000 properties in 75 markets.
“This combination represents a significant step forward for both KBS and HSS,” says Mark Minasian, chief executive officer of KBS. “HSS is already the market leader in hospitality services, and joining forces with KBS further enhances its service offering, scale and technology capabilities. Together, KBS and HSS can offer hospitality customers an unparalleled suite of high-quality, tech-enabled solutions tailored to their business needs.”
KBS was acquired by an affiliate of Cerberus, a leader in alternative investing, in November 2019. This transaction represents its first strategic acquisition completed in partnership with Cerberus.
“Major operators in the hospitality industry want to work with large, compliant, tech-enabled providers that can provide a suite of essential services at scale,” says Robert Warden, co-head of private equity at Cerberus. “Together, we believe KBS and HSS will be a clear partner of choice for existing and new customers. We look forward to supporting the future growth and success of the combined platform and selectively identify additional acquisitions that can further enhance the company’s success.”