M&A Deal Summary

RealManage Acquires Brown Community Management

On January 6, 2023, RealManage acquired business services company Brown Community Management

Acquisition Highlights
  • This is RealManage’s 6th transaction in the Business Services sector.
  • This is RealManage’s 7th transaction in the United States.
  • This is RealManage’s 3rd transaction in Arizona.

M&A Deal Summary

Date 2023-01-06
Target Brown Community Management
Sector Business Services
Buyer(s) RealManage
Deal Type Add-on Acquisition

Target

Brown Community Management

Mesa, Arizona, United States
Brown Community Management provides full-service HOA management services that specialize in the management and consulting of Homeowners Associations and Condominium Developments to more than 200 communities in the Greater Phoenix area. Brown Community Management was founded in 1996 and is based in Mesa, Arizona.

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Buyer(S) 1

Buyer

RealManage

Plano, Texas, United States

Category Company
Founded 2004
Sector Business Services
DESCRIPTION

RealManage is a homeowner association and condominium management company that includes GrandManors and CiraConnect, is one of the fastest-growing association management companies in the country, currently ranking number three among the nation's home owner association/condo management companies. The company offers innovative management services to community associations of all types and sizes, including homeowner associations, condominium associations, cooperatives, municipal utility districts, and large master-planned communities. RealManage was founded in 2004 and is based in Plano, Texas.


DEAL STATS #
Overall 7 of 7
Sector: Business Services M&A 6 of 6
Type: Add-on Acquisition M&A Deals 7 of 7
State: Arizona M&A 3 of 3
Country: United States M&A 7 of 7
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-06 Walters Management

San Diego, California, United States

Walters Management provides rental services and management services of single-family homes in San Diego, Carlsbad, Chula Vista, Temecula, and Murrieta. Walters Management was formed in 1973 and is based in San Diego, California.

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