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Audio Messaging Solutions LLC acquires Audio Marketing Services, Inc.
Oldsmar, FL, November 1, 2007 - Audio Messaging Solutions, LLC (AMS), an SJ Partners portfolio company, has announced that it has completed the acquisition of Audio Marketing Services, Inc. (AMSINC), a Los Angeles based telephone messaging on-hold provider. Equity financing was provided by SJ Partners, and global merchant capital provider and alternative investment firm D.B. Zwirn & Co. provided debt financing.
This will be AMS' eighth transaction to date. Most recently, AMS completed the acquisition of Focuspoint, Inc. of Manassas, VA and Holdplus International, a Puerto Rico based on-hold company specializing in the hospitality industry.
"We felt the AMSINC client base and infrastructure would fit well with the AMS group of Companies," said Aaron Kleinhandler, President of AMS. "AMSINC, and its President Rick Hodges, helped found the on-hold messaging industry in 1980. Rick really impressed us with his industry knowledge and commitment to customer service. We are also excited to have SJ Partners and D.B. Zwirn as our financing partners once again in this transaction. It is an endorsement of management's plan of strategic acquisitions and internal growth."
"AMS has demonstrated a commitment to ensuring that our clients continue to receive the same outstanding level of service that they have come to expect with AMSINC." stated Rick Hodges. "AMS has a strong track record and a reliable acquisition model having purchased multiple companies with a wide variety of clients in various industry segments. The combined studios, writers and voice talent of AMSINC and AMS will provide unparalleled service and an expanded variety of options."
Both AMS and AMSINC are dedicated to the smooth execution of this transition, ensuring that current customer service is not disrupted. To this end, Mr. Hodges, a former Chairman of the International On-Hold Messaging Association, will serve as an executive consultant for AMS.
AMS is among the top ten telephone messaging on-hold providers in the nation, serving almost 20,000 client locations throughout North America and the Caribbean.
Founded in 1980, AMSINC is based in Culver City, CA and services over 1000 client locations throughout the United States with custom writing, music and voice recording for telephone systems.
About Audio Messaging Solutions (AMS), LLC
Founded in 1986, AMS is a premier provider of messaging on hold services. AMS has a diversified base of over 12,000 accounts with many major national clients such as Merrill Lynch, The United States Postal Service, Coldwell Banker, and the Goodyear Tire & Rubber Company. AMS is also the exclusive on-hold messaging provider for Avaya, the nation's largest manufacturer of phone systems. In addition to the writing, production, and delivery of telephone on hold messaging, AMS also distributes messaging on hold equipment. More information about AMS is available on their website: www.amsonhold.com.
For more information:
Aaron Kleinhandler, CEO
Audio Messaging Solutions
aaronk@amsonhold.com
(800) 584 4653
Scott Johnson
SJ Partners, LLC
scott@sjpartners.com
212-362-1530
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