Transact Capital Partners is pleased to announce it served as the exclusive sell-side advisor to Drucker + Falk on its acquisition by Oakline Properties, a portfolio company of Alpine Investors.
Oakline Properties (“Oakline”) has announced the acquisition of Drucker + Falk (“D+F”), a Top-50 NMHC multifamily and commercial property management firm with over 43,000 apartment units under management. The partnership will enable the continued longevity of D+F’s successful legacy in the property management industry.
“Transact Capital managed a complex transaction with precision, discretion, and clarity. Their preparation, communication, and command of the details allowed our leadership team to stay focusedon our business. I would strongly recommend the Transact team to any ownership group seeking a trusted, high-caliber merger and acquisition advisory partner.”
— Jim Ledbetter, CEO of Drucker + Falk
Founded by Emmanuel W. Falk and A. Louis Drucker in 1938 in Newport News, VA , D+F has grown to manage properties in 11 states and today has over 1,000 employees. The company has been under the leadership of third-generation owners and managing directors Wendy Drucker, Kellie J. Falk, and David Falk, Jr. since [xxxx ]. For 87 years, D+F has paired the tools, technology and resources of a nation
al organization with the personalized service of a local partner. D+F’s forward-thinking, people-focused approach has guided its growth into one of the nation’s largest and most established property management and commercial real estate firms.
“We are tremendously excited to partner with Oakline as they help us bring D+F’s operations into its next phase of growth and scale,” added Kellie J. Falk, Principal and Managing Director of D+F. “Our partnership provides the perfect puzzle piece that allows us to keep our foremost focus on providing best-in-class service for our customers, while continuing to invest behind our best asset, our people.”
Founded in 1999, Transact Capital Partners, LLC is a boutique middle-market mergers & acquisitions advisory firm headquartered in Richmond, VA. Investment banking services and security transactions are offered through Transact Capital Securities, LLC a wholly-owned Affiliate of Transact Capital Partners LLC, and member of FINRA & SIPC.