April 30, 2025
Property

Compass and Premier Property Management firms announce strategic merger


Compass Management and Premier Property Management, two Aquidneck Island companies, are joining forces in a strategic merger announced on April 29. This move expands their property management services across Rhode Island.

The newly merged company now manages over 110 client accounts, representing about 1,000 units on Aquidneck Island and throughout Rhode Island. The total value of these properties exceeds $800 million.

Rob Wegener and Michael Pimental, who now co-own the merged company, are looking to combine their strengths and push for innovation in this growing service market.

Wegener, who founded Compass Management, says, “By combining our resources and large volume of field services, managed with today’s efficient communication technology, we are positioned to offer unparalleled service to our clients. This merger allows us to leverage our collective strengths and continue innovating to meet the demands of a growing service market.”

This merger brings together decades of experience, offering a wide range of property management solutions. These include estate management, investment property management, and services for condominiums and homeowner associations.

Pimental adds, “Our shared commitment to excellence and personalized service will drive the success of this merger. Together, we will set a new standard in property management on Aquidneck Island and beyond.”

The company will keep operating under both the Compass Management and Premier Property Management names, showcasing the unified strength and vision of this new partnership.

Clients shouldn’t notice any disruption, as the same dedicated teams will continue to provide service. The company is keeping its headquarters on Aquidneck Island.

For more information about either company, visit www.thecompassco.com and www.premierpm.biz.


Ryan Belmore is the Owner and Publisher of What’sUpNewp. He has been involved with What’sUpNewp since shortly after its launch in 2012 and acquired What’sUpNewp in 2013.

Under his leadership, What’sUpNewp was named Best Local News Blog in Rhode Island by Rhode Island Monthly readers in 2018, 2019, and 2020, and has been awarded several grants and awards from national news organizations.

Ryan has served on the boards of several prominent local organizations, including the Arts & Cultural Alliance of Newport County, Fort Adams Trust, Lucy’s Hearth, and Potter League for Animals. Ryan is a member of Society of Professional Journalists, Online News Association, and Local Independent Online News Publishers.
Contact Ryan at ryan@whatsupnewp.com.

Born and raised in Rhode Island, Ryan now resides in Alexandria, Virginia with his wife, Jen, and June, a Potter League alumni.


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