Storable Acquires Self-Storage Technology Firm CallPotential
Storable has acquired CallPotential, a provider of lead-management and communications software for the self-storage industry.
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Storable has acquired CallPotential, a provider of lead-management and communications software for the self-storage industry.
Dec 21, 2020 Sweden-based investment firm EQT AB has acquired a majority stake in Storable, an Austin-Texas-based supplier of varied products and services to the self-storage industry. Expected to close by June 30, the deal will enable Storable to leverage EQT’s “technology, business-optimization and digital-transformation expertise,” with an eye toward international growth, according to a press release. Cove Hill Partners, Storable’s private equity owner, will retain a minority stake in the company, which is valued at about $2 billion, according to Bloomberg. Storable is comprised of...
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 support Storable’s continued growth and innovation of its offerings. The company will benefit from EQT’s track record of advancing technology companies and vast expertise in accelerating digital transformation, leveraging its in-house resources and its global advisory...
EQT Private Equity makes a majority investment in Storable, the leading software & technology provider to the self-storage industry - EQT Private Equity will support Storable's continued growth and innovation of its best-in-class product offerings - Storable will benefit from EQT's demonstrated track record of advancing industry leading technology companies and vast expertise in accelerating digital transformation, leveraging its in-house resources and global EQT advisory network STOCKHOLM, Dec. 16, 2020 /PRNewswire/ -- EQT is pleased to announce that EQT Private Equity has made a majority i...
Storable Welcomes New Investment Partner: EQT EQT makes major investment in Storable to become the lead investor alongside existing investors, Cove Hill Partners and the Storable management team Austin, Texas--(Newsfile Corp. - December 16, 2020) - Storable, the self-storage industry's leading technology provider, today announced that global investment organization EQT has joined Cove Hill Partners and the Storable management team as an investment partner in the Storable business. The investment made by EQT's Private Equity division, moves them into the lead investor position where they ...