Ready to move on, but want to protect the employees and HOAs you serve? Let’s talk.
We buy association management firms
We are entrepreneurs ready to purchase a Community Association Management business and join the management team full-time. We’re looking to find a business that can be our “baby” for the long-term just like it has been yours.
I started my career working with large organizations on mergers and process improvement, helped McDonald’s launch a new business that we grew to $1B, and got my MBA focused on small business operations.
My first taste of the HOA industry came around the dinner table, when my uncle would tell battle stories from his time as president of a 700-door condo association. The rest of the family’s eyes glazed over, but I was hooked.
The big guys aren’t your only option
We aren’t a competitor, some far-away investment group, or a “big box” management firm looking to make you fit their model. We see this as a chance to partner with a successful founder, giving your legacy extra runway to grow, and preserving the team and culture you’ve worked so hard to build.
We’re not your average buyers
You’ve built a business of real value, so we know there are other buyers out there. But we do things differently.
Focus
We are looking to buy and operate, so 100% of our time, energy, and resources will be dedicated to your company for the long-term.
Flexibility
Instead of rigid terms designed to maximize returns and protect shareholders, our terms are customizable to meet your needs as a seller.
Growth
We’re not in the business of cutting headcount or cutting costs–we want to partner with your current team to drive sustainable growth.
Partnership
We’re young, hungry, and looking to build careers in the Community Association Management industry. We are excited to learn from someone who’s already built a great business.
From our blog,
The HOA Guys
We believe in paying it forward, so as we have discussions with experts in the HOA space — everyone from managers to lawyers, developers, and board members — we’ll share what we’re learning.
5 Questions an Investor Might Ask An Association Manager
Before they sign on the dotted line, they’ll have questions about a few key aspects of your association management business.
We’re looking for a good match
We know our backgrounds and approach aren’t for everyone–and that not every Community Association Management business will be the right fit. Here are a couple guidelines for what we’re looking for:
$3-20M in annual revenue
HOA Management represents majority of revenue
History of growth and community retention
Owner willing to coach and mentor us
as we transition into the business
We’ve put together a team of investors and advisors with deep experience
Kyle Coots
Kyle is a board member at Mosaic Management Group, a fast-growing HOA management company that represents more than 300 communities across Texas.
Joel Peterson
Joel was CEO of Trammell Crow Company, then the world’s largest private commercial real estate development firm. He is also the author of “The 10 Laws of Trust: Building the Bonds that make a Business Great.”
Ed Weisiger
Ed is the CEO of Carolina Tractor and a Founding Partner of Beacon Properties, both firms with more than 30 years’ experience in construction and real estate development in the Carolinas.
Our goal is a streamlined process that is simple, fair, and quick
1. Connect
Give us a call or click “let’s talk” below. In our initial call we’ll talk at a high level about your business and your goals. If it sounds like there may be a match, we’ll sign an NDA to discuss more.
2. Discuss
We’ll schedule a meeting to talk more in-depth (in-person if possible). We want to build a relationship. Usually we can arrive at a ballpark valuation for your business at this meeting.
3. Confirm
If we’re both still excited, we’ll spend some time better understanding your business. We’ll sign a Letter of Intent that permits us to confidentially review the key details of your business.
4. Agree
Once we’ve developed an understanding of your business, we’ll be in a position to agree on final terms. Our goal is to arrive at terms and a price we all feel good about.