Communitas is a leading provider of HOA management and restoration services to residential communities across Florida, Illinois, Maryland/DC, South Carolina, Texas, California, and Pennsylvania. Caltius Equity Partners partnered with Communitas and its CEO, Paul Reyes, in 2023, seeing an opportunity to invest in a market leader with significant recurring revenues, long-term customer relationships, and multiple avenues for growth in a highly fragmented sector.

Michael Morgan, Caltius Equity Partners managing director, stated, “Paul and the Communitas team have built an outstanding platform in the HOA management space. It has been rewarding to support the Company’s growth through strategic acquisitions and operational enhancements, and we are confident the partnership with PHM Group positions Communitas well for its next phase of growth.”

Read full press release here.