M&A Deal Summary

Forest Hill Kipling Acquires Balance Residential Management

On April 4, 2019, Forest Hill Kipling acquired construction company Balance Residential Management from Great Gulf

Acquisition Highlights
  • This is Forest Hill Kipling’s 1st transaction in the Construction sector.
  • This is Forest Hill Kipling’s 1st transaction in the United States.

M&A Deal Summary

Date 2019-04-04
Target Balance Residential Management
Sector Construction
Buyer(s) Forest Hill Kipling
Sellers(s) Great Gulf
Deal Type Divestiture

Target

Balance Residential Management

United States
Balance Residential Management is a builder of 40,000 homes and condominiums across Canada and the United States.

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Buyer(S) 1

Buyer

Forest Hill Kipling

Toronto, Ontario, Canada

Category Company
Founded 2007
Sector Real Estate
DESCRIPTION

Forest Hill Kipling is a full-service premium residential property management firm. Through a customized and bespoke approach to service, the company delivers an integrated and complete property management model to its valued clients. Forest Hill Kipling was founded in 2007 and is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 1
Sector: Construction M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1

Seller(S) 1

SELLER

Great Gulf

Toronto, Ontario, Canada

Category Company
Founded 1975
Sector Construction
DESCRIPTION

Great Gulf is a low-rise and landmark high-rise residential developer providing over 70,000 families with places to call home. Great Gulf was founded in 1975 and is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 1
Sector: Construction M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1