Troutman Pepper represented CINC Systems (CINC), a leading cloud-based software company serving the community association management sector, in securing 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.
The team on this matter included Andrea Farley, Brendan Thomas, Mark Wilhelm, Peter Dragna, Monica Vu, Barbara Sicalides, and Tom Gray .