Griffin Serves as Exclusive Investment Banker to Bundled Management

Bundled Management (“Bundled” or “the Company”), is a national real estate management platform founded in 2018. The Company provides a full range of property management, maintenance and other services to homeowner associations (“HOAs”) and investor-owned properties in Illinois and Florida. Led by Founder and Chief Growth Officer Brandon Arnold and CEO Michael Corey, Bundled leverages its experienced team, state-of-the-art technology and professional approach to provide first-in-class, comprehensive services to HOAs and property owners.

After the successful acquisition and operation of a series of HOA and property management firms, Bundled was seeking a private equity partner to help accelerate the Company’s ambitious organic and inorganic growth plans. With an extensive expansion plan in mind, and access to additional capital, resources and expertise were crucial for the execution of Bundled’s goals. Management prioritized finding a partner with a strong reputation for empowering growth in companies at a similar stage in their lifecycle to Bundled and working collaboratively with leadership teams. Also important to shareholders was the ability to retain a large enough amount of equity to meaningfully benefit from the Company’s future growth and success.

Bundled Management selected and engaged Griffin as its exclusive investment banker. Griffin worked closely with Bundled in an expedited process to solicit, negotiate and close a compelling offer accomplishing all the Company’s goals in the shortest possible time. The Company chose to partner with Shore Capital Partners (“Shore”), a Chicago-based private equity firm with $6 billion in assets under management. Shore has extensive experience investing in founder-led companies in a variety of industries, including Business Services, with a long track record of supporting management through access to capital, world-class board and operational resources and unmatched networking and development opportunities. Brandon Arnold, Michael Corey and others from Bundled continue to own a significant equity stake in the business alongside Shore.

Griffin continues to be a leading investment bank in the community management industry, specializing in assisting companies with M&A and capital raise transactions. View our H1 2023 community management industry update, our recent report on M&A trends in community management and a case study for another of our recent transactions. For more information, contact Thomas A. Hill, Managing Director, at 610.478.2034, Stephen J. Meehan, Vice President, at 610.205.6112, or Jeff R. Tallman, Senior Associate, at 610.205.6013.