CIVC Companions Pronounces Funding in Continuum
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CIVC Companions Pronounces Funding in Continuum

CHICAGO, Oct. 12, 2022 /PRNewswire/ — CIVC Companions, L.P. (“CIVC”), a Chicago-based center market non-public fairness agency targeted on investments within the enterprise companies sector, is happy to announce its funding in Continuum Firms (“Continuum” or the “Firm”) in partnership with CEO and founder Marcus Mayo and the Continuum administration workforce. 

Continuum is an built-in platform firm offering property administration and related residential companies to HOA prospects. Starting in 2014, the Firm’s founder and CEO, Marcus Mayo, acquired a number of property administration companies working within the Philadelphia space and in 2019 based Continuum to function a platform to consolidate the HOA property administration and related residential companies markets. Since then, Continuum has turn into one of many largest property administration and residential service corporations within the Mid-Atlantic serving practically 700 communities and over 100,000 doorways throughout its twelve manufacturers.

“We’re excited to be partnering with a CIVC workforce that shares our imaginative and prescient for Continuum and has the expertise and capabilities to assist us obtain that imaginative and prescient” stated founder and CEO Marcus Mayo. “CIVC has been an energetic investor within the amenities companies sector for greater than a decade and has an extended observe file of success partnering with founders and administration groups to speed up development. We count on CIVC to be a value-added accomplice and assist Continuum additional differentiate itself as the trusted useful resource to our communities and as the acquirer of alternative for property administration and residential service firm homeowners.” 

Doug Potters, Accomplice at CIVC, added that “Continuum is without doubt one of the main corporations of scale within the extremely engaging HOA property administration trade outlined by recurring income, restricted cyclicality, and a fragmented base of smaller operators. We stay up for our partnership with the Continuum administration workforce to help the Firm in accelerating acquisitions and strategic natural development initiatives.” Alex Lieberman, a Vice President at CIVC, added, “Continuum represents an incredible alternative for CIVC to accomplice with a powerful, devoted administration workforce and spend money on a rising companies firm that operates in a extremely fragmented trade.”

The partnership with Continuum builds on CIVC’s in depth funding expertise within the amenities companies trade, together with Specialised Elevator (elevator upkeep & restore companies), Yellowstone Panorama (business panorama upkeep companies, and GPRS (non-public utility finding companies), amongst others.

Ropes & Grey LLP served as authorized counsel to CIVC on the transaction. Griffin Monetary Group LLC acted as Continuum’s monetary advisor, and Townsend & Lockett, LLC served as authorized counsel to Continuum.

About CIVC Companions, L.P.

CIVC Companions is a Chicago-based non-public fairness agency established in 1970 to supply development capital to entrepreneurs and founders. Since 1989, CIVC has invested over $2.0 billion in 76 platforms, primarily as development and buyout capital, together with founders and executives in middle-market corporations primarily within the enterprise companies sector. CIVC Companions at present invests from CIVC Companions Fund VI. Extra info on CIVC Companions and its portfolio corporations may be discovered at www.civc.com.

CIVC Press Contact

Kate Gallego
CIVC Companions 
(312) 873-7331
[email protected]

SOURCE CIVC Companions, L.P.

CIVC Companions Pronounces Funding in Continuum