We believe we have found an ideal partner in Keystone and an ideal CEO in Eric Crabb. We’re also pleased to welcome Don, Tony, and the entire April team to our platform and excited about the potential synergies that this partnership can create for our collective client base.
HOUSTON (PRWEB) June 24, 2020
Jobs Building Services, LLC (d/b/a “JOBS” or “the Company”), a market-leading niche facilities services provider focused on commercial properties based in Houston, is pleased to announce it is welcoming Eric Crabb as the Company’s new Chief Executive Officer effective June 1, 2020. In addition, the Company is excited to announce an investment partnership with Keystone Capital.
Founded in 1970, JOBS operates under the “JOBS” and “AMST” trade names and specializes in high-rise façade maintenance (including window cleaning and waterproofing), metal surface maintenance, elevator cab interior refurbishment, and other related property maintenance services. JOBS has built a market-leading position in the Houston market for its services based on a reputation for safety, reliability and quality of work. The Company counts the area’s leading property management firms, building owners, and corporations as its clientele. For more information on JOBS, please visit https://www.jobs-amst.com.
In December, JOBS completed the acquisition of April Building Services, Inc. (“April”) a leading provider of façade maintenance services in the Dallas-Ft. Worth market. Founded in 1988, April is led by Donald Brown (President) and Tony Schiber (Vice President).
Mr. Crabb has a wealth of facilities services experience, having most recently served as Executive Managing Director with Cushman & Wakefield. Prior to his role at Cushman & Wakefield, Mr. Crabb served as CEO of QSI Facilities which was sold to Cushman & Wakefield in January 2019. Mr. Crabb also has 10+ years of facility services experience in managerial roles at ABM Industries.
“There is a great opportunity for consolidation in our industry,” noted LaRue Coleman, Founder and Chairman of the Board of JOBS. “As such, our goal was to find a financial partner and management structure to enable our company to lead this consolidation but also to protect what has made our company successful. We believe we have found an ideal partner in Keystone and an ideal CEO in Eric Crabb. We’re also pleased to welcome Don, Tony, and the entire April team to our platform and excited about the potential synergies that this partnership can create for our collective client base.”
“I am thrilled to be joining JOBS and am looking forward to helping continue the legacy that LaRue and his team have built over the last 50 years. JOBS has an existing leadership team with a deep breadth of both industry and company experience, having them remain a part of the next phase of transformation will be incredibly instrumental. Additionally, having an equity partner like Keystone, who understands the industry and has a proven track record of building great companies, will be a significant advantage. I started my career in Houston almost 20 years ago, so getting a chance to come back and work with all the outstanding CRE individuals in the market is a real bonus for me personally, ” commented Mr. Crabb.
Keystone Capital is a leading middle-market private investment firm differentiated by its long-term, patient approach to thoughtfully building market-leading companies. Throughout its 25 year history, Keystone has a wealth of experience in the services sector. For more information, please visit http://www.keystonecapital.com.
JOBS/AMST is actively seeking bolt-on acquisition opportunities within niche areas of the commercial facilities services and maintenance industry. Parties with knowledge of potential investment opportunities in these segments are strongly encouraged to contact one of the parties below.
Jason Van Zant