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32 ownership transitions.

$347 million of value.

Three decades of experience.

Provider of reserve studies for community associations

Long-term thinking. Everyday commitment.

Solution: Buyout

Bel Air Growth Partners Recapitalizes Mixer Systems 032023

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.


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