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Entrata Acquires Rent Dynamics, Positioning It To Transform How Multifamily Residents Build Credit And Improve Financial Health

Jul 13, 2023•over 2 years ago

Acquiring Company

Entrata

Acquired Company

Rent Dynamics

Property ManagementReal EstateSoftwareReal EstateFinancial Services

Description

Entrata, a leading multifamily industry operating system, today announced that it has acquired Rent Dynamics, a leading provider for resident rent reporting and financial resources that promote economic inclusion and financial health for residents. Entrata has acquired 100% of the equity in Rent Dynamics and will be able to provide residents with increased access to financial tools designed to positively impact their financial future.

Company Information

Company

Entrata

About

Entrata is a leading operating system for multifamily communities worldwide. Setting the bar for innovation in property management software since 2003, Entrata offers solutions for every step of the leasing lifecycle and empowers owners, property managers, and renters to create stronger communities. Entrata currently serves over three million residents across more than 26 thousand multifamily communities around the globe. Learn more at www.entrata.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed