M&A Deal Summary

Tenant Acquires Storelocal

On February 14, 2023, Tenant acquired real estate company Storelocal

Acquisition Highlights
  • This is Tenant’s 1st transaction in the Real Estate sector.
  • This is Tenant’s 1st transaction in the United States.
  • This is Tenant’s 1st transaction in California.

M&A Deal Summary

Date 2023-02-14
Target Storelocal
Sector Real Estate
Buyer(s) Tenant
Deal Type Add-on Acquisition

Target

Storelocal

Newport Beach, California, United States
Storelocal is a cooperative of self-storage owners and operators coming together to increase their competitive advantage in the marketplace. Storelocal was founded in 2014 and is based in Newport Beach, California.

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Buyer(S) 1

Buyer

Tenant

Newport Beach, California, United States

Category Company
Founded 2019
Sector Internet Software and Services
DESCRIPTION

Tenant is a provider of cloud-based software for self-storage. The Company makes software that actually works for operators as our unified ecosystem of self-storage products are tailored to the real needs of the self-storage industry. Tenant was founded in 2019 and is based in Newport Beach, California.


DEAL STATS #
Overall 1 of 1
Sector (Real Estate) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1