Friday, November 8, 2024
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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

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