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Facility companies merge to create leading provider of retail services

7/24/2012

KNOXVILLE, Tenn. — Retail facility maintenance and janitorial service provider, Expert JMS, headquartered in Knoxville, Tenn., and NJS Indoor and Outdoor Services, headquartered in Mt. Laurel, N.J., have combined to create a leading North American provider of quality retail facility services.



The transaction closed Tuesday, with the continuing enterprise consisting of the combined operations of Expert JMS, NJS and Advantage Janitorial Solutions, an affiliate of NJS. The newly combined entity will approach the market as Expert NJS.



"Our similar cultures, along with our tandem focus on service quality, make this a very powerful combination," said Milton Cohen, chairman and CEO. "Over 75% of our combined revenue is from 10-year plus customers with whom we are either the sole or largest provider of floor care and janitorial service. As the flight to quality continues, we'll be in a very strong position," he added.



In connection with the combination, Jim Hoff, CEO of NJS, will be joining the company's executive committee as EVP and co-COO, with primary operational responsibility for the Company's floor care and janitorial business. Susan Dykman, Expert JMS' EVP co-COO, will continue in her role with responsibility for business development and repair and maintenance operations, and Phillip Pacey, Expert JMS' CFO, will continue serving in his role.



The combined company provides facility services in North America across a broad cross section of trades. The company's floor care and janitorial business provides hard and soft surface floor care, window and awning cleaning, power washing and other indoor and outdoor janitorial services. The company's repair and maintenance business provides all other indoor and outdoor services, from HVAC to routine plumbing, on both a scheduled and demand basis.



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