M&A Deal Summary

Renters Warehouse Acquires OwnAmerica

On December 3, 2018, Renters Warehouse acquired internet software and services company OwnAmerica

Acquisition Highlights
  • This is Renters Warehouse’s 1st transaction in the Internet Software and Services sector.
  • This is Renters Warehouse’s 2nd transaction in the United States.
  • This is Renters Warehouse’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2018-12-03
Target OwnAmerica
Sector Internet Software and Services
Buyer(s) Renters Warehouse
Deal Type Add-on Acquisition

Target

OwnAmerica

Mooresville, North Carolina, United States
OwnAmerica is a single-family rental investment marketplace. OwnAmerica’s marketplace technology allows real estate investors to buy and sell single-family rental properties.

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Buyer(S) 1

Buyer

Renters Warehouse

Minneapolis, Minnesota, United States

Category Company
Founded 2007
Sector Real Estate
DESCRIPTION

Renters Warehouse is an operator of a property manager for single-family residential rental properties. Renters Warehouse has approximately 16,000 properties under management in 32 markets. They serve everyday single-property homeowners as well as real estate investors through professional, scalable, and efficient single-property management solutions. Renters Warehouse was founded in 2007 and is based in Minneapolis, Minnesota.


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: North Carolina M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-20 Redneck Property

Oklahoma City, Oklahoma, United States

Redneck Property is a property management firm. Redneck Property manages more than 18,000 homes for over 13,000 investors across the country, and more than $3 billion worth of residential real estate.

Buy -