LP First Capital Acquires Northpoint Asset Management
January 29, 2024
LP First Capital, with financing partners Genesis Park and Samson Capital Group, has acquired Northpoint Asset Management, a top-10 national single-family rental property manager. Northpoint, founded in 2006 and headquartered in Salt Lake City, UT, manages over 8,100 homes across more than 22 states and will serve as LP First Capital's platform for growth and add-on acquisitions in the fragmented property management sector.
- Buyers
- LP First Capital, Genesis Park, Samson Capital Group
- Targets
- Northpoint Asset Management
- Industry
- Real Estate
- Location
- Utah, United States
- Transaction Type
- Buyout
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