Byng

The Byng Group (“Byng”) provides end-to-end unit turnover, repair & maintenance, and renovations services to institutional owners and managers of multifamily properties and senior living facilities. With over 50 years of experience, Byng’s service offering simplifies the challenges that property owners and managers face during the turnover process including scoping units, sourcing materials, hiring trades, and maintaining high-quality service, all within a tight timeframe to minimize vacancies. These services are delivered via an asset-lite, vendor-managed model. Unity’s partnership with Byng represents an opportunity to partner with an ambitious leadership team to drive organic and inorganic growth in the large and fragmented turnover services market.

THEMATIC FOCUS AREA

Multifamily Turnover Services

INVESTMENT THESIS

  • Partner with an ambitious, talented and principally-aligned leadership team
  • Opportunity to Partner through M&A to add scale and diversity and expand in U.S. market
  • Propel organic growth through investments in sales, account management, and technology
  • Differentiated operating model underpinned by a propriety technology solution, vendor-managed delivery model, and breadth of service offering
  • Large market with reoccurring service needs in the early innings of private equity activity

INVESTMENT DATE

June 2025

HEADQUARTERS

Toronto, Ontario

WEBSITE

thebynggroup.com

CONNECT

Connect on LinkedIn

 

DISCLAIMERS:
The information contained herein is not an offer to sell or a solicitation to purchase any investment. No investment shall be offered or sold to any person without such person first being provided with a subscription agreement or similar document setting forth the risks associated with any such investment. The information provided above reflects summaries of larger topics and is being provided for informational, illustrative, and discussion purposes only. The above is qualified in its entirety by reference to the final governing documents of the relevant fund. An investment in any fund managed or advised by Unity Partners LP is speculative and investors can lose some or all of their capital.

For illustrative purposes only. Actual diligence process may vary based on market and company dynamics and/or other factors. There can be no assurance that the Fund will be able to implement its investment strategies, or that the fund will be able to achieve its investment objectives.