The Company is a full-scale property management service provider. Services include leasing management, interior & exterior maintenance, cleaning, lawn care, snow removal, and remodeling. The Company’s portfolio consists of over 1,300 units and management has begun expanding the Company’s service offerings to capture more clients.
Key Aspects
• Revenue increased by a compounded annual growth rate (CAGR) of 140.4% from 2020 through the trailing twelve months (TTM) ending August 31, 2023
• The Company manages 1,358 units varying in property type
• Diversified service offerings allow the Company to serve a variety of end markets including residential, commercial, multi-family, and storage properties
Opportunities
• Expand further throughout the state of Wisconsin and enter into the surrounding states
• Increase fees to market rate which will improve margins and organically increase revenues
• Capture more wallet share from existing clients by increasing service offerings and managing properties owned by clients that are currently outside the Company’s service area
Headquartered
• Midwest United States
Current Markets
• The Company provides its services to residential, commercial, multi family, and storage properties
Real Estate
• The Company operates from a 6,500 sq. ft. facility leased from an affiliated entity
• Management notes that the facility will not be included in the transaction but a long-term lease can be negotiated
Shareholder Objectives
• The Company is fully owned by a single shareholder who is seeking to spend more time with family
• The owner is open to various deal structures and is willing to stay for a transition period
