# Evernest

Birmingham, Alabama. A Birmingham single-family and small-multifamily property manager, which has rolled up more than forty local firms into a portfolio its September 2025 release put above 20,000 homes, across fifty-plus markets.

- Website: https://www.evernest.co

## The Firm

Evernest is a national residential property management firm founded in Birmingham, Alabama in 2008, focused on single-family houses, condos, and small multifamily buildings. It runs a boots-on-the-ground model with in-house maintenance and its own technology, and it has grown largely by acquisition, buying more than forty local property management companies across the country.

By late 2025 it managed more than 20,000 homes across over fifty markets. It funds the roll-up with outside growth capital, including a $15 million round announced alongside its 2025 purchase of the Cupertino-based manager Poplar Homes, which took it nationwide and added West Coast markets where it had no presence.

For a searcher buying a single-family rental management book, Evernest is both the competitor already consolidating the trade and a natural buyer at exit. Its deals are exactly these owner-run local firms, from a hundred-home book in Tampa to established managers in Colorado, Georgia, Arizona, and Missouri. A seller keeps serving the same doors under Evernest's brand and systems.

Read again in September 2026: nothing since the Tampa purchase, an award in the spring, and the sell-your-company page still open. The whole newsroom opened that evening holds fifteen more purchases between mid-2022 and January 2025 that print no date anywhere, ordered only by the ordinal each release counts, so they are a count here and not rows. The founders separated their partnership in January 2026.

## In Its Trades

- Property Management: https://searchspheresource.com/guides/buying-a-property-management-company

The other confirmed bidders: Audax Private Equity (https://searchspheresource.com/buyers/audax-private-equity).

## Confirmed Deals

Deals traced to announcements, newest first. Firms that announce every deal show a fuller run here than firms that report acquisitions as quarterly counts, so read this as the evidence that clears the bar rather than as the firm's whole record.

- Alpha Alternatives Property Management (2025-09-30): A Tampa, Florida property manager with more than 100 homes, deepening Evernest's presence in that metro. Source: https://www.evernest.co/evernest-newsroom/evernest-acquires-alpha-alternatives-property-management-in-tampa-fl
- Poplar Homes (2025-01-22): A Cupertino technology-enabled property manager, the firm's largest deal, taking it nationwide. Source: https://www.evernest.co/evernest-newsroom/evernest-acquires-poplar-homes

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Source: https://searchspheresource.com/buyers/evernest
Last checked: 2025-09-30

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