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  • Home
  • Fragmented Market Ripe
  • “Buy & Build” Strategy
  • Investment Strategy
  • Acquisition Targets
  • Growth Strategy
  • Leadership Team
  • Compelling Growth
  • Investment Opportunity
  • Return Profile

“Buy & Build” Strategy will fill the Gap in the Market

CURRENT STATE

‘NUVENTRI’ STRATEGY

‘NUVENTRI’ STRATEGY

 


  •  Small operators, very few if any regional operators
  • Lack of sophistication
  • Local-only service
  • Limited-service offerings (one or two major services)

‘NUVENTRI’ STRATEGY

‘NUVENTRI’ STRATEGY

‘NUVENTRI’ STRATEGY

  • Institutional-grade group of MF service providers operating at scale, targeting blue-chip property owners and managers 
  • Grow operators into "one-stop shops" capable of delivering all required services
  • Employ best practices
  • Regional presence to align with institutional multi property ownership
  • Comprehensive full-service offerings across all regions
  • Unite these operators under one cohesive national brand, providing end-to-end solutions.

Solution: Ascend will implement a "Buy & Build" strategy to create an institutional-grade multifamily services business, targeting institutional property owners and managers. By expanding and integrating services regionally, we aim to establish a comprehensive, national presence, positioning Ascend as the trusted one-stop shop for multifamily property needs.

Fragmented Sector Ready for Strategic Consolidation

FRAGMENTED MARKET

RATIONALE FOR CONSOLIDATION

RATIONALE FOR CONSOLIDATION

  • These providers often focus on just one service area (e.g., flooring, painting, cleaning) rather than offering a comprehensive solution.
  • Property owners are forced to manage multiple service providers for different needs, leading to inefficiencies and increased complexity.
  • Multifamily property owners are seeking improvements in service delivery to enhance operational efficiency and tenant satisfaction. 
  • The process lacks cost efficiency and consistent timelines, which is crucial for improving Property Owner/Manager demands for operational workflow flow acceleration and vacancy loss compression.

RATIONALE FOR CONSOLIDATION

RATIONALE FOR CONSOLIDATION

RATIONALE FOR CONSOLIDATION

Consolidation and professionalization will drive better outcomes for property owners.

  • A single service provider offers a more streamlined and integrated building operation, reducing costs and enhancing project management.
  • This allows building managers to focus on occupancy—their key driver for profitability—without being bogged down by managing multiple vendors.
  • Our strategy will integrate these services, offering a more cost-effective, cohesive approach that accelerates rent-ready times and provides significant efficiencies in price and workflow.
  • Ascend will deliver superior service, ensuring faster turnaround times at a more competitive price point compared to fragmented single-service providers.

Solution: Ascend will "Buy & Build" a "Hands-On approach" to grow organic revenue while expanding regionally through M&A, yielding premium valuation.  Execute accretive M&A, targeting an exit valuation of approximately 8x EBITDA.

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