M&A Deal Summary

StarRez Acquires Adirondack Solutions

On February 2, 2022, StarRez acquired internet software and services company Adirondack Solutions

Acquisition Highlights
  • This is StarRez’s 1st transaction in the Internet Software and Services sector.
  • This is StarRez’s 1st transaction in the United States.
  • This is StarRez’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2022-02-02
Target Adirondack Solutions
Sector Internet Software and Services
Buyer(s) StarRez
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Norris McLaughlin (Legal)

Target

Adirondack Solutions

Bridgewater, New Jersey, United States
Adirondack Solutions offer products for web-based room assignments, housing operations, parking/vehicle registration, conference management, visitor tracking, and more. Adirondack Solutions was founded in 1998 and is based in Bridgewater, New Jersey.

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Buyer(S) 1

Buyer

StarRez

Greenwood Village, Colorado, United States

Category Company
Founded 1992
Sector Software
DESCRIPTION

StarRez is a provider of residential community and student housing software solutions. Managing over 2.1 million beds, the platform positively impacts millions of users from around the world providing solutions to manage the resident experience, occupancy, revenue, allocations, and more. It serves some of the most prestigious organizations in the world including Harvard University, Stanford University, National University of Singapore, University of London, Australian National University, Vail Ski Resorts (Staff Housing), iQ Student Accommodation (PBSA), Scape Living (PBSA) and 800+ more. StarRez was formed in 1992 and is based in Greenwood Village, Colorado.


DEAL STATS #
Overall 1 of 2
Sector (Internet Software and Services) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 2
Year (2022) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-17 Seattle Technology Group

Seattle, Washington, United States

Seattle Technology Group is a dynamic software company specializing in the development, marketing, and support of enterprise application software for the management of higher education conferencing and events. Seattle Technology Group is based in Seattle, Washington.

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