CCMC
Homeowners association manager
Year of Investment
2024
Sector(s)
Business & Consumer Services
Status
Current
Website
ccmcnet.com(Link opens in new window)Headquarters
Scottsdale, AZ
Team
Founded in 1973, CCMC is a prominent provider of community association management services with a focus on large-scale, master-planned communities (“MPC”), serving more than 155 communities across the country. The company is committed to providing the highest-quality service to its managed communities and exceptional resident and team member experiences.
Investment Summary
Charlesbank invested in CCMC in 2024 as the first institutional capital partner alongside management, who remain significant shareholders in the business. This transaction is the culmination of an in-depth thematic research initiative in the homeowners’ association (HOA) management space. We plan to invest in business development and talent management, pursue M&A, and enhance CCMC’s service offering.