Troutman Pepper client CINC Systems (CINC), a leading cloud-based software company serving the community association management sector, has secured a strategic growth investment from Hg, a leading investor in European and North American software and services businesses. On completion of the transaction, Hg will become a strategic shareholder, investing alongside CINC’s founder, Bill Blanton, and its management team, as well as current investors Spectrum Equity. Read a company press release about the transaction here.
CINC is a leading provider of accounting, homeowner management, bank integrations, and payments software for the association management industry, comprised of homeowner and condominium associations. Founded in 2005, CINC has built a leading SaaS platform for this sector, serving more than 4 million units across about 35,000 associations and nearly 800 management companies, with deep integrations and strategic partnerships with more than 30 partner banks.
Troutman Pepper’s Andrea Farley, Brendan Thomas, Mark Wilhelm, Peter Dragna, Monica Vu, Barbara Sicalides, and Tom Gray are advising CINC.
Consistently recognized as a top-tier national practice, Troutman Pepper’s corporate attorneys regularly handle transactions ranging in size from tens of millions of dollars to multibillion dollars. Core areas of service include private equity, venture capital, mergers and acquisitions (including cross-border transactions and corporate carve-outs), capital markets and corporate finance, corporate governance, and securities laws compliance. The firm also has particular expertise in advising clients on matters involving fund formation and fund management.
Original source can be found here.