M&A Deal Summary

Entrata Acquires Colleen.ai

On June 20, 2024, Entrata acquired internet software and services company Colleen.ai

Acquisition Highlights
  • This is Entrata’s 1st transaction in the Internet Software and Services sector.
  • This is Entrata’s 2nd transaction in the United States.
  • This is Entrata’s 1st transaction in Florida.

M&A Deal Summary

Date 2024-06-20
Target Colleen.ai
Sector Internet Software and Services
Buyer(s) Entrata
Deal Type Add-on Acquisition
Advisor(s) Goldfarb Seligman (Legal)

Target

Colleen.ai

Daytona Beach, Florida, United States
Colleen.ai offers comprehensive support across all communication channels for real estate companies in the commercial and residential sectors, supporting all single-family and multi-family teams. Colleen.ai is based in Daytona Beach, Florida.

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Buyer(S) 1

Buyer

Entrata

Lehi, Utah, United States

Category Company
Founded 2003
Sector Software
DESCRIPTION

Entrata provides property management software with a single-login, open-access platform as a service (PaaS) system. The company offers a wide variety of online tools including websites, mobile apps, payments, lease signing, accounting, and resident management. Entrata was founded in 2003 and is based in Lehi, Utah.


DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Florida M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-13 Rent Dynamics

Logan, Utah, United States

Rent Dynamics is a provider for resident rent reporting and financial resources that promote economic inclusion and financial health for residents. Rent Dynamics is based in Logan, Utah.

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