CINC Systems Receives Growth Investment from Spectrum
Summary
CINC Systems, a Duluth, Ga.-based provider of SaaS solutions for the community association industry, received a growth investment from Spectrum Equity. The investment will support the company’s product innovation and expand its sales and marketing efforts. Led by Founder and Chairman Bill Blanton, newly named CEO Ryan Davis, and Robert McCullar, Former CEO who will remain on the executive team as Chief Operating Officer, CINC Systems has designed and developed products specifically to serve the needs of association management companies. This approach combines association accounting and management solutions into a single software program that provides clients with association management systems, cloud accounting, and integrated banking options—all in one place. Since its founding, CINC Systems has experienced steady growth, with clients in 26 states and over 100 partner banking branch locations.
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