Cecilian Partners – a company that collaborates with land developers and homebuilders across the U.S. who aspire to modernize their digital footprint and ease everyday pain points associated with building and buying homes – announced that it has secured growth capital from Perot Jain, the leading Dallas-based venture capital firm focused on industry-disrupting companies and tech.
Cecilian’s fast-growing client base in Dallas, Fort Worth includes Hillwood Communities – one of the country’s largest community developers, a strategic partner of Perot Jain, and Cecilian Partners’ largest client. And Fred Balda, President of Hillwood Communities, will join Cecilian’s advisory board, bringing 32 years of real estate domain expertise and community development knowledge to the organization.
Cecilian Partners is focused on bringing digital transformation to master planned communities (MPCs), a market with unique opportunities and challenges. And Cecilian co-founder and CEO John Cecilian, Jr. pointed out that the ongoing partnership with Hillwood Communities has been instrumental for the category.
At the same time, Perot Jain has a track record of helping early-stage companies with industry-disrupting innovation. And they provide patient capital, a strategic network and tech-enabled expertise. And DFW is a core focus and high-growth market for Cecilian Partners. The Metroplex is on track to becoming the fifth fastest-growing large metro area in the US by 2028, with new home sales continually ranking among the top five in the nation.
This makes the region an excellent proving ground for Cecilian’s technology and approach. And The expanded partnership with Hillwood Communities, along with the stamp of approval from Perot Jain, which is key to the firm’s goal of driving real estate transformation for MPCs.
KEY QUOTES:
“Cecilian Partners is revolutionizing the new home ecosystem, and Perot Jain is excited to support the company’s continued success alongside Hillwood Communities.”
— Aaron Pierce, Partner at Perot Jain
“It’s a natural fit – Perot Jain has always been committed to innovation that centers on people, and Cecilian Partners is delivering on that mission. Hillwood Communities is excited to continue working with Cecilian to deliver exceptional online buyer experiences and to improve the overall performance of our business.”
— Fred Balda, President of Hillwood Communities
“Digital transformation is really difficult. It takes work to adopt new technologies and innovation, but it also requires the right partner to be the steward of that process from start to finish. Hillwood Communities was ready for change. They empowered us to be that partner and allow innovation to happen. We are so grateful to have a client who is very much a beacon for other MPC developers around process management and technology adoption.”
“MPCs build a sense of place for people of all ages and walks of life, but it’s a complex task. Technology and innovation are crucial in getting executives through the gauntlet of placemaking. Technology is not a choice; it’s a critical part of what every land executive and developer should focus on right now.”
“It is Cecilian Partners’ job to be the steward of that change, and we are privileged that Hillwood Communities allowed us to take them through the other side of digital transformation.”
— John Cecilian, Jr.
