KBS Purchases KimcoApril 7, 2022
The acquisition of Kimco expands KBS’s service offerings and client base. Per the terms of the deal, Kimco will operate as a KBS company. Financial details of the transaction were not disclosed. During the past four years, KBS has acquired a total of 15 organizations.
“Kimco is a respected facility services leader with a deep track record of building trusted client relationships,” said Mark Minasian, KBS CEO. “More than ever, clients require partners who can deliver reliable, high-quality services at scale while overcoming complex market challenges. Kimco provides us with greater depth in the business and industrial sectors and we warmly welcome their talented team to the KBS family.”
Based in Maumee, Ohio, Kellermeyer Bergensons Services (KBS) provides technology-enabled, integrated interior and exterior property services to customers throughout North America. For more information, visit www.kbs-services.com.
Founded in 1970, Kimco Facility Services LLC is an Atlanta-based provider of customized commercial cleaning programs, facility maintenance, and associated services. For more information, visit kimcoserv.com.