Thursday, November 7, 2024
21.1 C
New York

Storable: Receives Majority Investment from EQT Private Equity

  • Storable, an Austin, Texas-based software and technology provider to the self-storage industry, received a majority investment from EQT Private Equity
  • The amount of the deal was not disclosed
  • Under the terms of the agreement, Cove Hill Partners and management will retain a minority stake in the Company
  • The investment will also support Storable’s continued growth and innovation of its offerings
  • The transaction is expected to close in Q2 2021, subject to customary conditions and approvals
  • Storable also offers an end-to-end integrated suite of technology solutions to empower self-storage operators to enhance efficiency and optimize occupancy

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

Bank of New Zealand Acquires BlinkPay to Boost Open Banking Solutions

Bank of New Zealand (BNZ) has acquired Auckland-based...

FE Fundinfo Acquires Matterhorn to Enhance AIFMD Reporting Services

FE Fundinfo has acquired Matterhorn Reporting Services to...

Konsentus Chosen to Drive Open Banking API Standards for Bank of Namibia

UK-based regtech Konsentus has been selected by the...

Monument Technology Appoints New CTO and CCO to Strengthen BPaaS Offerings

Monument Technology, a UK-based provider of Banking-Platform-as-a-Service (BPaaS)...

AI co-pilot solution Reflexivity raises $30m Series B led by Greycroft and IBKR

Funding Round: Reflexivity raised $30 million in a...

Related Articles

Popular Categories

spot_imgspot_img