Intempus Expands Footprint with FYVE Realty Acquisition
Deal News | Apr 08, 2025 | EIN
Intempus Property Management, a prominent property management and real estate firm, has announced its acquisition of selected markets from FYVE Realty, a company known for its residential real estate services. Finalized on January 31, 2025, this strategic acquisition aims to bolster Intempus' presence and service offerings in key U.S. markets including Tennessee, Ohio, South Carolina, and Georgia. Intempus is set to enhance its scale and capabilities, leveraging FYVE Realty's established operations in areas such as Knoxville and Nashville, Tennessee and Columbus and Cleveland, Ohio. The integration is expected to create opportunities for Intempus to offer more comprehensive property management services and solutions to property owners and tenants. Leaders from both companies expressed their enthusiasm about the potential for innovation and market growth this acquisition facilitates.
Sectors
- Real Estate
- Investment Management
Geography
- United States – The acquisition involves multiple U.S. states including Ohio, Tennessee, Georgia, and South Carolina, where Intempus is expanding its operations.
Industry
- Real Estate – The article is centered on property management and real estate services, particularly the acquisition of FYVE Realty's markets by Intempus Property Management.
- Investment Management – The acquisition represents a significant investment in expanding property management and real estate services across multiple states.
Financials
- – The financial details of the acquisition were not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Intempus Property Management | Acquiring Company | Company | A full-service property management and real estate firm. |
| FYVE Realty | Target Company | Company | A real estate company specializing in residential services. |
| Michael Khesin | CEO | Person | CEO of Intempus Property Management. |
| Eugene Korsunsky | President | Person | President of Intempus Property Management. |
| John Ferron | CEO | Person | CEO of FYVE Realty. |