Asset Living Acquires Arizona-Based Shelton Residential

Asset Living Acquires Alpha Barnes Real Estate Services

January 26, 2021

Real Estate

Houston-based Asset Living has acquired Dallas-based Alpha Barnes Real Estate Services, a leading manager of affordable and multifamily housing in Texas. The deal adds roughly 30,000 units and more than 900 employees to Asset Living's portfolio, expanding its footprint and affordable-housing management capabilities across Texas.

Asset Living Acquires City Gate Property Group

November 18, 2021

Real Estate

Houston-based Asset Living has acquired City Gate Property Group, a Dallas-based multi-family property management firm that manages roughly 10,000 units across Texas and Louisiana and employs about 400 people. The deal expands Asset Living’s portfolio, making it the largest multi-family property manager in Texas (approximately 75,946 units and 468 properties in-state) and one of the largest managers nationally with nearly 120,000 units under management.

Bluespring Wealth Partners Acquires Shelton Financial Group

July 18, 2024

Wealth Management

Bluespring Wealth Partners, an acquirer and partner of wealth management firms, has acquired Fort Wayne-based Shelton Financial Group and transitioned Shelton's investment business onto the Kestra Financial platform. Shelton's team — which oversees nearly $500 million in client assets — joined Bluespring to gain back-office resources, succession support and access to the Kestra ecosystem.

Lipman Family Farms Acquires Shelton & Sons

April 29, 2025

Agriculture

Lipman Family Farms has acquired Morristown, Tennessee–based roma tomato grower Shelton & Sons to strengthen its regional supply chain and ensure consistent roma tomato supply during the critical July–October season. Shelton & Sons will continue focusing on roma tomato production while leveraging Lipman’s nationwide infrastructure and resources.

Asset Living Acquires Poetic Digital

December 1, 2020

Marketing & Advertising

Houston-based property management firm Asset Living has acquired Poetic Digital, a Houston creative and technology agency that provides web and app development, digital marketing, and creative services. Asset Living said it will leverage Poetic's digital, design, and data capabilities to expand its marketing and website capabilities and deliver a more comprehensive set of services to its real estate clients.

ERM Acquires Sustainability Marketing and Communications Agency Shelton Group

October 10, 2022

Marketing & Advertising

ERM, the global sustainability consultancy, has acquired Shelton Group, a Knoxville-based sustainability-focused marketing and communications agency. Shelton Group will join ERM’s Change & Transformation team to strengthen ERM’s sustainability storytelling, ESG reporting and communications capabilities for corporate clients across sectors.