M&A Deal Summary

Firstservice Residential Management Acquires Y Cross Management Group

On October 9, 2014, Firstservice Residential Management acquired real estate company Y Cross Management Group

Acquisition Highlights
  • This is Firstservice Residential Management’s 1st transaction in the Real Estate sector.
  • This is Firstservice Residential Management’s 1st transaction in the United States.
  • This is Firstservice Residential Management’s 1st transaction in Arizona.

M&A Deal Summary

Date 2014-10-09
Target Y Cross Management Group
Sector Real Estate
Buyer(s) Firstservice Residential Management
Deal Type Add-on Acquisition

Target

Y Cross Management Group

Tucson, Arizona, United States
Y Cross Management Group is a community association management company. Y Cross Management manages 60 associations, representing 9,000 units in Tucson and southern Arizona. Y Cross Management Group was established in 2004 and is based in Tucson, Arizona.

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Buyer(S) 1

Buyer

Firstservice Residential Management

Dania Beach, Florida, United States

Category Company
Founded 2007
Sector Real Estate
DESCRIPTION

Firstservice Residential Management, Inc. is a residential property management company. Firstservice Residential Management, Inc. was founded in 2007 and is based in Dania Beach, Florida.


DEAL STATS #
Overall 1 of 5
Sector (Real Estate) 1 of 4
Type (Add-on Acquisition) 1 of 5
State (Arizona) 1 of 1
Country (United States) 1 of 5
Year (2014) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-22 Southwest Management Services

Austin, Texas, United States

Southwest Management Services LLC is a provider of community association management services. Southwest Management Services LLC was founded in 2004 and is based in Austin, Texas.

Buy -