Association Headquarters Expands through the Acquisition of Potomac Management Resources

Mount Laurel, NJ and Los Angeles, CA – Association Headquarters, LLC (“Association Headquarters” or “AH”), a Corridor Capital portfolio company, has completed the strategic acquisition of Potomac Management Resources, Inc. (“Potomac Management Resources” or “PMR”), advancing its strategy to build a full-service association management platform. This acquisition enhances AH’s resources to better serve existing client partners, diversifies its customer base and strengthens the company’s talent pool. With the addition of PMR, AH deepens its experience with legal associations and strengthens its position in Virginia.

Founded in 1998 and headquartered in Alexandria, Virginia, PMR is a full-service association management company that provides outsourced financial management, board facilitation, administrative services, program management and event planning to regional and national associations, professional societies, credentialing boards and nonprofits. Legal associations remain PMR’s core market, complemented by a growing presence in the professional services, defense and technology sectors. PMR’s President, Carol Montoya, will join AH to build new customer relationships and support existing ones.

Association Headquarters supports more than 70 professional societies, trade groups, industry bodies and nonprofit organizations through a combination of day-to-day management, strategic planning and organizational development services. The acquisition of PMR marks another milestone in AH’s continued expansion and its mission to advance organizations to greatness.

“PMR has built lasting relationships by providing thoughtful guidance and dependable support to its clients,” said Sam Leone, CEO of Association Headquarters. “We share a belief that strong partnerships create stronger organizations. By bringing our teams together, we can provide even greater support to the organizations we serve while creating new opportunities for employees to grow and contribute.”

“Association Headquarters shares our commitment to partnering with organizations to bring their strategic vision to life and provide meaningful member experiences,” said Carol Montoya, President of Potomac Management Resources. “Joining AH gives our clients access to expanded expertise and resources while maintaining the responsive and tailored service to which they are accustomed.”

“Association Headquarters has built a full-service platform in association management, and PMR is a natural extension of that vision,” said Iman Navi, Managing Director at Corridor Capital. “PMR deepens AH’s presence in the legal association market and expands its footprint into Virginia and we are excited to support the combined team as they continue to grow.”

Fox Rothschild LLP provided legal services to Corridor Capital and Association Headquarters. Kroll and Lockton Companies supported the transaction with financial due diligence services and insurance services, respectively. Blue River served as the financial advisor to Corridor Capital and Association Headquarters.