MCS, a leading national property services company established in 1986, has announced the acquisition of Five Brothers Asset Management Solutions. This strategic move unites two of the foremost companies in the property preservation sector.
The merger is set to create a powerhouse in the national property preservation and services market, offering a comprehensive suite of services to a broad client base in the mortgage services and single-family rental industries. The integration of Five Brothers Asset Management Solutions into MCS will enhance the combined entity’s ability to provide top-tier property preservation, maintenance, and renovation services across the United States.
Craig Torrance, CEO of MCS, expressed enthusiasm about the acquisition, stating, “For nearly four decades, MCS has been synonymous with excellence in property preservation services. The incorporation of Five Brothers not only augments our capabilities but also extends our reach. Their remarkable 50-year legacy in property preservation complements our service platform, and we are thrilled to merge our shared values and dedication to exceptional client service.”
Five Brothers Asset Management Solutions, headquartered in Warren, Michigan, has a long-standing reputation for delivering regulatory-compliant property preservation services. With over 50 years of experience, the company has cultivated a nationwide network of field professionals and has been a pioneer in services for the reverse mortgage sector, which represents a new market for MCS.
Nickalene Badalamenti-Kalas, President and CEO of Five Brothers, shared her excitement about the merger, remarking, “Joining forces with MCS marks the beginning of a new chapter for Five Brothers. Our aligned business philosophies and commitment to community improvement will enable us to deliver even greater value to our clients.”
The integration will see the consolidation of Five Brothers’ service provider network and its proprietary technology solution, FiveOnline®, into the MCS framework. Clients of Five Brothers are expected to benefit from MCS’s extensive local presence and hands-on expertise in key markets.
Chad Mosley, President of Mortgage Services at MCS, commented on the future direction, “We are eager to welcome the Five Brothers team and are committed to maintaining the exceptional service their clients have come to expect. Our immediate goal is to ensure a seamless transition by capitalizing on our combined technological strengths and operational support.”
The acquisition is poised to redefine the landscape of property preservation services, with both organizations looking forward to a future of enhanced service delivery and community development.
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