M&A Deal Summary

RealManage Acquires Walters Management

On January 6, 2023, RealManage acquired real estate company Walters Management

Acquisition Highlights
  • This is RealManage’s 1st transaction in the Real Estate sector.
  • This is RealManage’s 7th transaction in the United States.
  • This is RealManage’s 1st transaction in California.

M&A Deal Summary

Date 2023-01-06
Target Walters Management
Sector Real Estate
Buyer(s) RealManage
Deal Type Add-on Acquisition

Target

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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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 (Real Estate) 1 of 1
Type (Add-on Acquisition) 7 of 7
State (California) 1 of 1
Country (United States) 7 of 7
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-06 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.

Buy -