Cerberus completed its acquisition of KBS from GI Partners.

Cerberus Capital Management, an alternative investing company, completed its acquisition of Kellermeyer Bergensons Services, a provider of technology-enabled, integrated facility management services, from GI Partners, a private investment firm. Financial terms were not disclosed. “This is an exciting opportunity to partner with a market-leading business supported by a tech-enabled platform. With its full-suite of solutions and leading technological capabilities, KBS has become the partner of choice for customers in the facility services industry. We believe there are attractive opportunities ahead for the Company and look forward to working alongside Mark and the talented KBS team to further build on its success,” Robert Warden, Cerberus Co-Head of Private Equity and Senior Managing Director.