The Litchfield Company of South Carolina L.P. (“LCSC”), a leading provider of real estate brokerage services and property management services in the Grand Strand vacation resort area of South Carolina, has divested Waccamaw Management, LLC, a wholly owned subsidiary of LCSC, to Waccamaw Holdings, LLC. Waccamaw Management is a provider of property management, facility maintenance and landscaping services for high end resort and commercial properties in the Grand Strand area. Waccamaw Management also specializes in providing management, accounting and administration services to homeowner’s associations.
Terms of the transactions were not disclosed. Philpott Ball & Werner served as advisor to LCSC.