Storable Acquires StorageAuctions.com
June 11, 2024
Storable has acquired StorageAuctions.com, an online marketplace for self-storage unit auctions, integrating its auction services to create an end-to-end delinquency management solution for self-storage operators. The deal, finalized June 4, 2024, will have StorageAuctions.com operate as a division of Storable and is intended to streamline auction workflows and improve unit recovery and re-rental efficiency.
- Buyers
- Storable
- Targets
- StorageAuctions.com
- Sellers
- Lonnie Bickford (owner of StorageAuctions.com)
- Industry
- Software
- Location
- Louisiana, United States
- Transaction Type
- Buyout
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