The new funding will allow StarRez to expand its offerings and global presence
Arnold Bloch Leibler (ABL) has helped global resident and property management software provider StarRez secure a strategic growth investment from international technology investment firm Vista Equity Partners.
According to ABL, the new funding will allow StarRez to expand its offerings and global presence, promote operational excellence to support sustainable growth, and enhance customer experience. The transaction is expected to conclude in the first quarter of 2022.
“As we enter this new phase of growth, we are proud to partner with Vista, who believes in our vision and has the experience, resources, and expertise to help us continue to grow as the leader for thriving residential communities,” said StarRez CEO Travis Knipe.
Founded in 1992, StarRez is a global leading provider of residential build-to-rent community and student housing software solutions. Its platform offers organisations a scalable, reliable solution to manage resident experience, occupancy, revenue, allocations and more.
ABL corporate and M&A partner Jeremy Leibler led the cross-practice team on the transaction, with support from senior associate Ari Bendet, lawyer Noah Lipshut and law graduate Kaitlin Bakken.
Partner Jonathan Ortner and lawyer George Bassil provided tax advice, while partner Bridget Little and senior associate Rebekah French dealt with the employment aspects of the deal.
“We are pleased to have worked with the StarRez team on this milestone transaction,” Leibler said. “We wish both parties continued success as they embark on the next stage of their journey together.”
