1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. California >
  6. Rentec Direct Acquires TrueRent

M&A Deal Summary

Rentec Direct Acquires TrueRent

On March 2, 2022, Rentec Direct acquired software company TrueRent

Acquisition Highlights
  • This is Rentec Direct’s 1st transaction in the Software sector.
  • This is Rentec Direct’s 1st transaction in the United States.
  • This is Rentec Direct’s 1st transaction in California.

M&A Deal Summary
Date 2022-03-02
Target TrueRent
Sector Software
Buyer(s) Rentec Direct
Deal Type Add-on Acquisition

Target

TrueRent

Redwood City, California, United States
TrueRent offers a unique property management software system targeted to help small to mid-sized property owners streamline their business. TrueRent offers online rent collection, integrated tenant screening, work orders, property analytics, and more. TrueRent is based in Redwood City, California.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Rentec Direct

Grants Pass, Oregon, United States
Category Company
Founded 2007
Sector Software
DESCRIPTION

Rentec Direct is a provider of property management software and tenant screening solution for real estate professionals. Features include online rent payments, tenant and owner portals, the industry’s largest vacancy listing syndication network, full property, tenant, and owner accounting, 1099-MISC reporting, and more. Rentec Direct was founded in 2007 and is based in Grants Pass, Oregon.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
Mergr

Solution for

Product

Company

Legal