Powerstone Expands Its Brand Footprint. Acquires Property Management Firm in Thousand Oaks
Leading California Firm’s Growth Strategy Includes Highly-Regarded Emmons Company Acquisition in Ventura County.
- Orange County, CA (1888PressRelease) September 13, 2022 - Powerstone Property Management Inc., a full-service Orange County, California based property management firm, announced today that the company has acquired the Emmons Company, a successful 30-year-old property management firm located in Thousand Oaks, CA. Powerstone is the leading property management firm in California and this move extends Powerstone’s reach. Powerstone CEO Rene’ Decker stated: “We’re very excited about this addition to the Powerstone family. In an industry where the key to a company’s success is directly related to the quality of its people, we continue to be recognized as the leader. We were fortunate to find the Emmons Company. Their Founder Kathy Emmons has practiced a philosophy that mirrors ours, in that long-term employee retention and excellent employee morale creates client satisfaction, which translates to growth. This has worked for them for 30 years and today we are going to put it to work for Powerstone. Kathy Emmons added this comment: “We feel our team is one of the best in the business and all our key employees have been with us for many years. Same is true for our clients. Like Rene’ I believe the real key to growth is keeping your clients happy. We’re all excited to join their winning team.”
Powerstone has multiple offices, - North and South Orange County, San Diego, Inland Empire, Chula Vista - and works with residential and commercial clients throughout California as well as the Bay area. The Emmons office will remain open and enable Powerstone to continue its expansion plans throughout Ventura and North Los Angeles County. Michelle Burge, Powerstone CFO stated: “We have been seeking opportunities to acquire other firms so that we could expand our service area and brand presence to meet market demand. After getting to know Kathy Emmons I really appreciate her success and how she cares for her people and her clients. We really hit the jackpot with the Emmons Company.”
Powerstone’s Chief Client Officer Kendrah Kay says: “When I heard the news I was elated. Expanding to Ventura County allows us to have multiple offices over a greater geography and gives us a great deal of flexibility. It not only opens the doors for our team members that want to work in different markets, but it also allows us to recruit new people in those markets that may not have been aware of us. And since we put such a high priority on our people, increasing the talent pool is a real plus.”
About Powerstone
Known for its exceptional service, Powerstone is a recognized leader and one of the largest property management firms based in California. Since 1993, Powerstone has served the common interest development industry with integrity, professionalism, and expertise, including three on-staff CPA’s and an in-house General Counsel and Learning Academy. From professional business planning, governance, and community management, to modern yet easy to use customized websites and on-line services, Powerstone provides homeowner associations complete and unparalleled service including customized Community Planning. Powerstone believes that every association deserves the chance to attain its vision for its property and that’s why we created the best combination of people and technology to not only better serve, but also to better achieve. Powerstone has been named Best Places to Work in Orange County by the OCBJ for the sixth consecutive year (2017-2022). Powerstone proudly supports the Pediatric Cancer Research Foundation (PCRF). For more information, go to www.Powerstonepm.com
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