Montgomery Ross and Associates

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Montgomery Ross and Associates - overview

Location

Calgary, AB, Canada

Primary Industry

Business Support Services

About

Montgomery Ross and Associates is a property management firm based in Calgary, Canada, specializing in providing tailored management services to condominium associations, ensuring operational efficiency and community sustainability. Montgomery Ross and Associates is a property management firm that focuses on managing condominium associations. The company was acquired by Associa, Inc. , a portfolio company of Summit Partners, in September 2011.


Montgomery Ross operates from its headquarters in Calgary, Canada, and has executed one known deal since its acquisition. Montgomery Ross and Associates specializes in comprehensive property management services tailored specifically for condominium associations in Calgary and surrounding areas. The company's core offerings include condominium management, secure financial services, and on-demand maintenance solutions, designed to ensure the smooth operation and sustainability of community associations. The firm serves a diverse client base, including condominium boards, property owners, and major developers, and connects clients with industry-leading professionals and resources.


Montgomery Ross and Associates generates revenue primarily through service contracts with condominium associations, engaging clients for comprehensive property management solutions. Transactions typically involve annual or multi-year service agreements, which include a base management fee alongside additional charges for specialized services such as financial reporting and maintenance tasks. The firm may also engage in partnerships with local contractors to deliver on-demand maintenance, further diversifying its revenue stream. While specific pricing plans are not publicly disclosed, the structure generally allows for flexibility based on the size and needs of the managed properties.


Montgomery Ross and Associates is focusing on expanding its services into new urban centers across Canada. The firm aims to enhance its service offerings by designing new products that cater specifically to evolving community needs, with potential launch dates projected for late 2023. The recent acquisition by Associa, Inc. in September 2011 supports these initiatives by providing access to additional resources and expertise, facilitating their strategic expansion.


Current Investors

Associa, Inc.

Primary Industry

Business Support Services

Sub Industries

Business Support Services

Website

www.montgomeryross.ca

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Montgomery Ross and Associates - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
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Montgomery Ross and Associates - employee data

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