2007-05-02 22:40:24 -
TAMPA, Fla., May 2 /PRNewswire/ -- Audio Messaging Solutions, LLC (AMS), and SJ Partners portfolio company, has announced that it has completed the acquisition of Focuspoint, Inc., a leading telephone messaging on hold provider. AMS has also closed upon a $6,000,000 senior credit facility from global merchant capital provider and alternative investment firm DB Zwirn & Co. to finance the acquisition.
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. This will
be AMS' seventh and largest transaction to date. Most recently, AMS completed the acquisition of the assets of Holdplus International, a Puerto Rico based on-hold company specializing in the hospitality industry.
"We felt the Focuspoint client base and infrastructure would fit well with the AMS group of Companies," said Mitch Keller, President of AMS. "Creston really impressed us with how he built Focuspoint from the ground up into one of the largest providers of custom written telephone messaging in the country. We also are excited to have D.B. Zwirn as our financing partner."
"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 Focus Point," stated former Focuspoint CEO, Creston M. Owen, who is also CEO and President of Falcon Communication's Solutions. "AMS has created a reliable acquisition model with multiple companies having already been successfully integrated. The combined studios, writers and voice talent of Focuspoint and AMS will provide unparalleled service and an expanded variety of options."
Both AMS and Focuspoint are dedicated to the smooth execution of this transition, ensuring that current customer service is not disrupted. To this end, Mr. Owen, also a former Chairman of the International On-Hold Messaging Association will serve as an executive consultant for AMS.
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: http://www.amsonhold.com/.
About Focuspoint Inc.
Headquartered in Manassas, VA, Focuspoint was established in 1998 as a subsidiary of Falcon Communications Solutions, Inc. a full-service telecommunications management firm serving the Greater-Washington, DC metropolitan area. With the latest technology and in-house talent, Focuspoint offers state-of-the-art digital equipment, installation, and customized productions for clients across the US. Focuspoint is recommended by 19 associations in the automobile and banking industries, as well as several Chambers of Commerce.
Source: Audio Messaging Solutions, LLC
