5Q Partners acquires One11 Advisors
Deal adds property management software advisory and application support to the Stone-Goff-backed IT and operational technology platform serving commercial real estate.
5Q Partners, now backed by Stone-Goff Partners, has acquired One11 Advisors, a provider of application support services for property management platforms.
The deal adds proptech advisory to 5Q’s existing suite of managed IT, cybersecurity, and technology advisory for commercial real estate owners and operators.
Founded in 2014 and led by CEO Wade Hughes, 5Q serves more than 80 clients across 950-plus properties, focusing on multifamily and student housing assets.
The company delivers integrated technology solutions that cover IT infrastructure, cybersecurity, and strategic technology advisory.
The acquisition extends 5Q’s ability to handle clients’ full technology stack—from building-level operational technology and IT security to the core property management software running day-to-day operations.
Management expects the addition to create opportunities to deepen existing customer relationships.
Rob Bosco, partner at Stone-Goff, said 5Q’s vertical focus and technical expertise position it as a critical partner to CRE operators, and the firm plans to support organic growth and further complementary acquisitions.
Managing partner Hannah Stone Craven added that the One11 deal reflects a strategy to broaden the platform across infrastructure, cybersecurity, operational technology, and core property management applications.
Deloitte Corporate Finance advised 5Q on the transaction.
Smith Gambrell Russell served as legal counsel to 5Q, while Fredrikson & Byron advised Stone-Goff.
LongWater Opportunities Fund provided debt financing.
The investment and acquisition were completed simultaneously.