Sitelink Merchant Services News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 Easy Storage Solutions, SiteLink and storEDGE, providers of facility-management software; SpareFoot, an online marketplace for self-storage units; SBOA Merchant Services, Select Merchant Solutions and SiteLink Merchant Services, providers of payment processing; and Bader and Storsmart, providers of self-storage tenant insurance. storEDGE also offers website-development and digital-mar ....

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