M&A Deal Summary

TurboTenant Acquires Azibo

On May 6, 2025, TurboTenant acquired internet software and services company Azibo

Acquisition Highlights
  • This is TurboTenant’s 1st transaction in the Internet Software and Services sector.
  • This is TurboTenant’s 2nd transaction in the United States.
  • This is TurboTenant’s 1st transaction in Nevada.

M&A Deal Summary

Date 2025-05-06
Target Azibo
Sector Internet Software and Services
Buyer(s) TurboTenant
Deal Type Add-on Acquisition

Target

Azibo

Reno, Nevada, United States
Azibo is a financial services platform for rental properties serving landlords and tenants in all 50 states. Azibo is based in Reno, Nevada.

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Buyer(S) 1

Buyer

TurboTenant

Fort Collins, Colorado, United States

Category Company
Founded 2015
Sector Internet Software and Services
DESCRIPTION

TurboTenant is a provider of online solutions for residential landlords that help residential landlords save time and improve the performance of their rental properties. These features include online rental applications, tenant credit, and background reports, property listings and automated marketing, and online rent payments. TurboTenant was founded in 2015 and is based in Fort Collins, Colorado.


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: Nevada M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-10 REI Hub

Richmond, Virginia, United States

REI Hub is an accounting software for rental property owners and real estate investors. REI Hub was founded in 2018 and is based in Richmond, Virginia.

Buy -