Ropes & Gray advised Cove Hill Partners and Storable, a supplier of cloud-based access control, management software, marketing, payment processing, website development and other services to the self-storage industry, in connection with EQT Private Equity’s majority investment in Storable.The transaction was announced on Dec. 16. EQT funds have portfolio companies in Europe, Asia-Pacific, and North America with total sales of … More info: www.storable.com. Storable helps storage companies manage their systems and it also operates a consumer-facing portal … Representatives for EQT and Storable declined to comment. Tax, The firm was founded in 2017 by seasoned private … We look forward to welcoming EQT as a strategic partner, as Storable finds new ways to innovate its product offering and provide exceptional … To learn more about Storable, visit www.storable.com. Meet Storable. December 16, 2020 Empowering self storage owners to do more with technology. Prospective companies generally exhibit strong management, high barriers to entry, attractive business … Storable is backed by EQT and Cove Hill Partners and led by Co-Founder & CEO, Chuck Gordon. The transaction was announced on Dec. 16. More info: www.storable.com. Nos partenaires et nous-mêmes stockerons et/ou utiliserons des informations concernant votre appareil, par l’intermédiaire de cookies et de technologies similaires, afin d’afficher des annonces et des contenus personnalisés, de mesurer les audiences et les contenus, d’obtenir des informations sur les audiences et à des fins de développement de produit. Storable (f.k.a. Ropes & Gray advised Cove Hill Partners and Storable, while Kramer Levin and Simpson Thacher advised EQT Private Equity on the deal. Storable, the self-storage industry’s leading technology provider, today announced that global investment organization EQT has joined Cove Hill Partners and the Storable … Employment, More info: www.storable.com. Copyright © 2021 Ropes & Gray LLP. The firm was founded in 2017. Finance. With self storage’s best technology all under one roof, you can harness your data, get paid faster, access powerful analytics, and do more for your business, seamlessly. Swedish private equity firm EQT said that it has bought a majority stake in Storable, a US provider of software and technology to the self-storage industry. EQT is a purpose-driven global investment organization with more than € 75 billion in raised capital and over € 46 billion in assets under management across 16 active funds. QT Private Equity’s majority investment in Storable, a supplier of cloud-based access control, management software, marketing, payment processing, website development and other services to the self-storage industry. Storable is backed by EQT and Cove Hill Partners and led by Co-Founder & CEO, Chuck Gordon. Yahoo fait partie de Verizon Media. Pour autoriser Verizon Media et nos partenaires à traiter vos données personnelles, sélectionnez 'J'accepte' ou 'Gérer les paramètres' pour obtenir plus d’informations et pour gérer vos choix. | Storable is the leading technology provider for … Cove Hill Partners is a long-term oriented private equity firm focused on partnering with outstanding management teams to build market-leading consumer and technology companies. Cove Hill Partners, Storable’s private equity owner, will retain a minority stake in the company, which is valued at about $2 billion, according to Bloomberg. EQT values Storable at around $2 billion. Storable is backed by EQT and Cove Hill Partners and led by Co-Founder & CEO, Chuck Gordon. All rights reserved. Cove Hill is a long-term oriented private equity firm that partners with outstanding management teams to build market-leading consumer and technology companies. The Storable Platform delivers management software, marketing websites, tenant insurance, payments, and the industry’s largest storage marketplace all in one integrated solution, designed to help storage operators increase efficiency, enhance occupancy, and improve profitability. Storable is backed by Cove Hill … Whether you’re looking to boost business growth or manage day-to-day tasks, Storable has the lead-to-lease tools to get you there. Découvrez comment nous utilisons vos informations dans notre Politique relative à la vie privée et notre Politique relative aux cookies. Cove Hill Partners is a private equity firm focused on control (or influential minority) investments in consumer technology companies. Storable is backed by EQT and Cove Hill Partners and led by Co-Founder & CEO, Chuck Gordon. Storable's suite of products include Sitelink Software, storEDGE Software, SpareFoot, SiteLink Merchant Services and Select Merchant Solutions among others. Cove Hill Partners, Storable’s private equity owner, will retain a minority stake in the Austin, Texas-based company, which makes software used by self-storage companies. The firm was founded in 2017 by seasoned private … Storable is backed by EQT and Cove Hill Partners and led by Co-Founder & CEO, Chuck Gordon. The Ropes & Gray team that advised Cove Hill Partners and Storable was led by private equity partners, Analytics & Behavioral Science Consulting (R&G Insights Lab), Executive Compensation & Employee Benefits, Government Enforcement / White Collar Criminal Defense. Prior results do not guarantee a similar outcome. SpareFoot, SiteLink and storEDGE) empowers self-storage operators to simplify operations by using a suite of technology solutions created to maximize business growth and manage day-to-day tasks. About Cove Hill The Storable Platform delivers management software, marketing websites, tenant insurance, payments, and the industry's largest storage marketplace all in one integrated solution, designed to help storage operators increase efficiency, enhance occupancy, and improve profitability. The Storable family of companies includes SiteLink, storEDGE, Easy Storage Solutions, SpareFoot, Select Merchant Solutions, Storsmart, and Bader Insurance. Private Equity, Ropes & Gray advised Cove Hill Partners and Storable, a supplier of cloud-based access control, management software, marketing, payment processing, website development and other services to the self-storage industry, in connection with EQT Private Equity’s majority investment in Storable. Cove Hill created Storable in 2018 by acquiring and merging Sparefoot and SiteLink, two fellow providers of self-storage technology. Intellectual Property Transactions, In August 2018 , Cove Hill backed the acquisition of software and website developer storEDGE, bringing them under its growing family of self-storage tech companies. Get a demo. The Ropes & Gray team that advised Cove Hill Partners and Storable was led by private equity partners Amanda McGrady Morrison and Sandy Boer, and included private capital transactions associate Brandon Winer, benefits partner Jennifer Rikoski, labor and employment partner Jennifer Cormier, and tax partner Pamela Glazier (all of Boston), IP transactions partner Megan Baca (Silicon Valley), and debt finance partner Alex Zeltser (New York). Ropes & Gray advised Cove Hill Partners and Storable on the deal. Austin, Texas — December, 16 2020 — Storable, the self-storage industry’s leading technology provider, today announced that global investment organization EQT has joined Cove Hill Partners and the Storable management team as an investment partner in the Storable business. The integrated offering provides self-storage operators with a comprehensive suite of easy-to-use, intuitive products that work seamlessly together to … Cove Hill simultaneously acquired a majority stake in leading self-storage management software provider SiteLink and put the companies together under a single holding company led by Gordon. The Firm was created in 2017 to invest the founders’ personal capital alongside that of a small group of like-minded families, endowments and charitable foundations. Headquartered in Austin, Storable provides self storage operators with a comprehensive suite of easy-to-use, intuitive products that work seamlessly together to increase business efficiency and profitability. The investment made by EQT’s Private Equity division, moves them into the lead … EQT has agreed to acquire Storable, a provider of software for the self-storage industry, from Cove Hill Partners.The deal values the Austin-based company at around $2 billion, Bloomberg reported. Practices: About Cove Hill Cove Hill Partners is a long-term oriented private equity firm focused on partnering with outstanding management teams to build market-leading consumer and technology companies. The Storable family of companies includes SiteLink, storEDGE, Easy Storage … The Storable Platform delivers management software, marketing websites, tenant insurance, payments, and the industry's largest storage marketplace all in … Informations sur votre appareil et sur votre connexion Internet, y compris votre adresse IP, Navigation et recherche lors de l’utilisation des sites Web et applications Verizon Media. The Firm looks to make 1 to 2 platform acquisitions per year and will consider opportunities throughout North America valued up to $800 million. Cove Hill Partners, Storable’s private equity owner, is expected to keep a minority stake in the Austin, Texas-based company, which makes software used by self-storage companies, the people said. 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