Snell & Wilmer Represents Home Owner Association Management Company RealManage in Strategic Partnership with American SecuritiesJune 2, 2022
DALLAS - Snell & Wilmer advised RealManage, a Texas-based home owner and condominium management company serving over 3,000 communities across 19 states using a technology-first approach, in a strategic partnership that includes an investment from affiliates of American Securities LLC. The partnership is expected to support RealManage’s leading operations and to allow for accelerated growth through acquisitions and branch openings.
"We were excited to partner with American Securities given its long-term focus, history of supporting entrepreneurs, and the vast array of resources they provide to accelerate growth," commented Chris O'Neill, Co-Founder and Chief Executive Officer of RealManage in a company press release. "This partnership will support RealManage's continued organic and inorganic growth, expansion of services, technology investment, and industry leading service for customers." The RealManage Family of Brands, which 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. RealManage 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.
Bryce Morgan led the Snell & Wilmer team advising RealManage in the transaction. The diverse team included Dan Mahoney, Jeff Scudder, Bahar Schippel, Lee Fraley, Anne Meyer, Dana Ontiveros and Travis Atwood.
Snell & Wilmer's corporate and securities attorneys have served as counsel to a substantial number of clients ranging from Fortune 100 companies to smaller emerging businesses. Our attorneys have provided sophisticated legal representation to biotech companies, health care and financial institutions, public utilities, homebuilders, transportation companies, restaurant and hospitality providers, athletic complexes, fitness facilities and many other types of businesses.