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Grant Thornton Stax congratulates FFL Partners on the launch of Pioneer HOA, a newly formed holding company for its current and future investments in homeowner association (HOA) property management businesses. We are pleased to have supported FFL Partners with our investment advisory services.
The HOA property management market remains highly fragmented and in the early stages of consolidation, with approximately 9,500 management companies operating across the US. These firms serve more than 370,000 associations, representing over 40 million households and an estimated $11 trillion in property value.
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