Get latest articles and stories on Business at LatestLY. Hyderabad (Telangana) [India], March 27: US-based Storable Inc., the leading provider of self-storage technology solutions, has today announced the inauguration of its new office space in Knowledge City, Hyderabad. Storable launched its first Asia GCC in Hyderabad last April and plans to expand its R&D presence in India to increase engineering capacity and support the company's aggressive growth plans. With the goal to deliver even more value for its clients, Storable India aims to double its current workforce from 60 employees to 120 by the end of this year. They are actively hiring for various roles in engineering and product development in India. Business News | Storable Expands Its Footprint in India to Support Ambitious Growth Plans.
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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 investment in Storable ( the Company ), a leading provider of software and technology to the self-storage industry. Under the terms of the agreement Cove Hill Partners and management will retain a minority stake in the Company.
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 will support Storable s continued growth and innovation.
EQT brings highly-sophisticated technology, business optimization, and digital transformation expertise all at a global level which will be critical as Storable moves into its next stage of growth. Through this new partnership, Storable will tap into EQT s in-house resources, digital expertise and vast global advisory network as the S