M&A Deal Summary

Aiken Acquires Aiken - HOA Division

On October 20, 2020, Aiken acquired real estate company Aiken - HOA Division from Community Association Management

Acquisition Highlights
  • This is Aiken’s 1st transaction in the Real Estate sector.
  • This is Aiken’s 1st transaction in the United States.
  • This is Aiken’s 1st transaction in South Carolina.

M&A Deal Summary

Date 2020-10-20
Target Aiken - HOA Division
Sector Real Estate
Buyer(s) Aiken
Sellers(s) Community Association Management
Deal Type Divestiture

Target

Aiken - HOA Division

Florence, South Carolina, United States
Aiken & Co., Inc. - HOA Division serves some of South Carolina’s most prestigious condominiums, townhomes, and neighborhood communities located in Florence and Cheraw since 2003.

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Buyer(S) 1

Buyer

Aiken

Florence, South Carolina, United States

Category Company
Founded 1914
Sector Insurance
DESCRIPTION

Aiken & Co. is an independent insurance agency representing many insurance companies. The company's staff has immediate access to most of our insurance companies for in-house ratings and proposals. It also serves the public in real estate sales and property management. Aiken & Co. was formed in 1914 and is based in Florence, South Carolina.


DEAL STATS #
Overall 1 of 1
Sector (Real Estate) 1 of 1
Type (Divestiture) 1 of 1
State (South Carolina) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1

Seller(S) 1

SELLER

Community Association Management

Matthews, North Carolina, United States

Category Company
Founded 2006
Sector Real Estate
DESCRIPTION

Community Association Management is a property management company serving community associations throughout North and South Carolina. Community Association Management was established in 2006 and is based in Matthews, North Carolina.


DEAL STATS #
Overall 1 of 1
Sector (Real Estate) 1 of 1
Type (Divestiture) 1 of 1
State (South Carolina) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-31 Sonshine Management Systems

Florence, South Carolina, United States

Sonshine Management Systems, Inc. is a property management company servicing residential properties and homeowners associations. Sonshine Management Systems and is based in Florence, South Carolina.

Buy -