Diamond Integrity Group, Inc. announces its first acquisition
The acquisition of Chandler West Management adds commercial real estate to Diamond Integrity Group, Inc.'s portfolio
CHANDLER, AZ, February 02, 2011
Diamond Integrity Group, Inc. based in Chandler, AZ, today announced the acquisition of Chandler West Management a company specializing in commercial real estate management and acquisitions."Our investors and partners will continue to receive the same exceptional service of which they have come to expect," said Chairman Joseph Compton.
Together, the companies will work and consult with key players in the commercial real estate industry to maximize their objectives. The integration of both companies will take place over the next three quarters and will strengthen the assets of Diamond Integrity Group, while providing a solid position in the commercial real estate industry.
"Acquiring Chandler West Management is a great strategic move as it aligns us with those small to medium quality enterprises we are seeking to add to our portfolio," Compton said.
The acquisition is expected to close third quarter of 2011 subject to the satisfaction of closing conditions; terms of the deal were not disclosed.
About Diamond Integrity Group, Inc.
Diamond Integrity Group, Inc. is a private equity firm based in Chandler, AZ committed to investing in quality performing enterprises with opportunities for growth. Diamond Integrity Group, Inc. will work to leverage its expertise, form strategic partnerships and to create value for its investors and partners.