Long-term thinking. Everyday commitment.
Solution: Buyout
Business Description
Established in Milwaukee, WI, Reserve Advisors, LLC (“Reserve”) is the nation’s leading provider of reserve studies for community associations. Reserve’s founders were seeking liquidity and a pathway to retirement as well as ownership opportunities for key managers. Reserve’s characteristics included: (i) an excellent industry reputation; (ii) a high mix of repeat reserve study revenues; (iii) a highly diverse customer base; (iv) operation in a growing sector; and (v) a talented management team seeking ownership opportunities.
Transaction Overview
Bel Air Growth Partners and executive Peter Hellman sponsored the buyout of Reserve Advisors in a transaction that generated liquidity for ownership and investment opportunities for management. In conjunction with the transaction, Peter Hellman became the CEO of Reserve Advisors.