AEA Acquires BMS Enterprises

AEA Investors’ Middle Market Private Equity team announced today that its fund has closed the acquisition of BMS Enterprises.

New York – September 30, 2019 – AEA Investors’ (“AEA” or the “Firm”) Middle Market Private Equity team announced today that its fund has closed the acquisition of BMS Enterprises (“BMS” or the “Company”). BMS was founded in 1948 by two families as a pioneer in outsourced property restoration services. Since then, the Company has grown organically and through greenfield openings to become the second largest non-franchised provider of restoration and reconstruction services to commercial and residential end markets. Today, BMS operates 17 branches across the U.S. and a national catastrophe team capable of serving large and complex losses around the country. As one of the few players with the ability to service a broad spectrum of complex customer needs with consistent service and rapid response time, BMS provides a differentiated value proposition to its customer base, which includes real estate portfolio owners, insurance carriers, and large corporate customers.

About AEA
AEA Investors LP was founded in 1968 by the Rockefeller, Mellon and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA has an extraordinary global network built over many years which includes leading industrial families, business executives and leaders; many of whom invest with AEA as active individual investors (“Participants”) and/or join its portfolio company boards or act in other advisory roles. Today, AEA’s approximately 80 investment professionals operate globally with offices in New York, Connecticut, London, Munich and Shanghai. The firm manages funds that have approximately $15 billion of invested and committed capital including the leveraged buyouts of middle market companies and small business companies and mezzanine and senior debt investments. AEA Private Equity invests across three sectors: value added industrials, consumer, and services.

About BMS Enterprises
Initially founded by the Blackmon and Mooring families in 1948, BMS has expanded from its origins as a carpet cleaning business to offer a broader suite of restoration and reconstruction services to its customers. The Company offerings include urgent and non-discretionary fire and water damage restoration, dehumidification, HVAC decontamination, mold remediation, and reconstruction services. Headquartered in Fort Worth, TX, BMS employs approximately 850 employees across the U.S.

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