- Storable, an Austin, Texas-based software and technology provider to the self-storage industry, received a majority investment from EQT Private Equity
- The amount of the deal was not disclosed
- Under the terms of the agreement, Cove Hill Partners and management will retain a minority stake in the Company
- The investment will also support Storable’s continued growth and innovation of its offerings
- The transaction is expected to close in Q2 2021, subject to customary conditions and approvals
- Storable also offers an end-to-end integrated suite of technology solutions to empower self-storage operators to enhance efficiency and optimize occupancy
