Pristine Environments Inc. Acquires BeeLabor Janitorial Services, Inc.

Pristine Environments Inc. (“PEI”), a leading provider of specialized facility management services announced today that it has acquired BeeLabor Janitorial Services, Inc. (“BeeLabor”), a specialty provider of custodial services in the Washington, DC region. BeeLabor specializes in providing janitorial services to commercial real estate buildings and to the defense and intelligence community in areas of their facilities that are Top Secret and Sensitive Compartmented Information (“TS/SCI”) level secure spaces, the highest-level security clearance designation from the Department of Defense.  PEI is a portfolio company of Ascend Global Investments, LLC.

“We are very excited to be growing our presence in the Washington region with the addition of BeeLabor and their team of professionals,” stated Brian Snow, CEO of Pristine Environments. “With BeeLabor’s continued leadership and the combined resources of PEI, this strategic move for the company will provide our senior management team with the ability to better service our commercial clients as well as our secure facilities.”

BeeLabor’s senior management team will be working in concert with Pristine Environments’ leadership from the company’s new Fairfax, Virginia regional headquarters. With the addition of BeeLabor, Pristine Environments’ will be servicing over 100 unique facilities in the Washington region, delivering both Engineering and Janitorial services.

These facilities include clients such as VeriSign, BAE, L3 Communications, TASC and Northrop Grumman, who rely on Pristine Environments for mission critical facility services in their secure buildings throughout the region.

The terms of the transaction were not disclosed.

About Pristine Environments Inc.
Pristine Environments Inc. provides a comprehensive suite of facility services to federal, state, and municipal governments and within top secret facilities and military bases, higher education campuses, datacenters, clean rooms, corporate campuses, commercial buildings, as well as facilities specialized for the biotechnology, pharmaceutical, and healthcare industries. The team behind Pristine Environments has executed successful facilities contracts for large and complex commercial owners and in many prominent government facilities. PEI has offices in Washington, DC and New York, NY. For more information, please visit www.pristine-environments.com.

About AGI Partners LLC
AGI Partners LLC is an alternative investment management firm that deploys capital from our funds. We provide creative solutions and invest funds in private equity investments and special situation opportunities. We identify and partner with best-in-class management teams by providing the financial and strategic resources required to grow businesses. For further information on AGI, visit www.agi-llc.com.

About BeeLabor Janitorial Services Inc.
Founded in 1991, BeeLabor Janitorial Services, Inc. currently maintains commercial office space for a number of property management firms, Fortune 500 companies and national associations. The company’s portfolio of properties is comprised of class “A” office space, industrial facilities, medical and professional buildings, and top secret facilities. One of the fastest growing janitorial companies in the Washington, DC metropolitan area, BeeLabor has enjoyed steady, strategic growth by delivering solid management practices, state-of-the-art services, and by forming a strong, results oriented partnership with clients. For more information, please visit www.beelabor.com.