Camp.

Camp

Camp

Camp is a leading provider of restoration, renovation and maintenance services to multifamily communities in over 25 states.  The Company completes thousands of jobs a year for over 1,200 multifamily customers and utilizes an outsourced subcontractor model, managing thousands of subcontractor relationships. Camp has 225 employees across 14 branch locations.  Camp has developed strong relationships with many of the largest national property management companies in the United States.

Investment Thesis

Partner with the founder and entrepreneurial management team of a leading provider of nondiscretionary, generally non-deferrable renovation, restoration, repositioning and repair services for the multifamily housing industry.  Continued strong organic growth by leveraging deeply entrenched relationships with the “who’s who” of multi-family apartment management companies in attractive core Camp markets and capitalizing on strong macroeconomic tailwinds driven by the steady increase in the “installed base” of multifamily properties and the imperative to maintain and periodically refurbish these properties.  Selectively pursue M&A in the large and highly fragmented ~$13.4 billion multifamily restoration and renovation market to augment the core business, add new service capabilities, and broaden the Company’s end markets.  Drive incremental cash flows and debt paydown from severe weather events, which have increased in frequency and magnitude over time, to the extent these occur during the ownership period.

Related News

11/16/2021
Sterling Investment Partners Invests in Camp Facility Services, a Restoration, Renovation and Maintenance Services Firm