M&A Deal Summary

StoragePRO Management Acquires SIMI

On December 31, 2024, StoragePRO Management acquired real estate company SIMI

Acquisition Highlights
  • This is StoragePRO Management’s 1st transaction in the Real Estate sector.
  • This is StoragePRO Management’s 1st transaction in the United States.
  • This is StoragePRO Management’s 1st transaction in New York.

M&A Deal Summary

Date 2024-12-31
Target SIMI
Sector Real Estate
Buyer(s) StoragePRO Management
Deal Type Add-on Acquisition

Target

SIMI

East Amherst, New York, United States
SIMI is a boutique storage management company. SIMI was formed in 1988 and is headquartered in East Amherst, New York.

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Buyer(S) 1

Buyer

StoragePRO Management

Walnut Creek, California, United States

Category Company
Founded 1974
Sector Business Services
DESCRIPTION

StoragePRO Management is a private management company specializing in self-storage. The Company manages over 140 properties throughout the United States. StoragePRO Management was founded in 1974 and is headquartered in Walnut Creek, California.


DEAL STATS #
Overall 1 of 1
Sector: Real Estate M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1