AUSTIN, TEXAS, August 30, 2018— storEDGE, a cutting-edge technology organization, is now part of the SpareFoot and SiteLink self-storage technology family, backed by Cove Hill Partners.
storEDGE brings a host of best-in-class products to the existing offerings of SpareFoot and SiteLink, including marketing websites, online rentals and cloud access control tools, in addition to their property management software.
The combined platform, with CEO Chuck Gordon at the helm, will continue to support and invest in all three products and organizations, working to develop new top-notch solutions and more seamless integrations so storage operators can operate more effectively. Dan Miller will remain as President of storEDGE.
“Our goal is to build an all-inclusive technology solution for storage operators,” stated CEO Chuck Gordon. “The storEDGE brand has a strong reputation and is an obvious choice to help us further realize that vision. SpareFoot, SiteLink and storEDGE will continue to work closely with our customers to solve their self-storage challenges with technology. This combination will eliminate any existing restrictions between our platforms, to the benefit of operators.”
“We are setting the standard for technology in the self-storage industry,” said Dan Miller, President of storEDGE. “We’ve always believed that self-storage solutions were disjointed. This combination provides a cohesive suite of world-class products across different categories, giving renters and operators a better and more efficient user experience. At the same time, the combined resources and backing of Cove Hill Partners provides unlimited possibilities.”
“Cove Hill Partners affirms its long-term commitment to building an enduring technology company in self-storage by helping SpareFoot and SiteLink expand their product set with storEDGE,” said Andrew Balson of Cove Hill Partners. “Operator success remains at the core of all three companies, and customers will continue to have a seat at the table as we continue innovating and building great things together.”
To see the latest product developments, visit SpareFoot, SiteLink and storEDGE at the Self Storage Association Fall Conference and Trade Show on September 4-6 in Las Vegas, NV.
About SpareFoot and SiteLink
SpareFoot was founded in 2008 by Chuck Gordon and Mario Feghali from their dorm room at UCLA and has grown to become a trusted online marketplace for consumers to find self-storage facilities, compare deals, and book seamlessly across more than 12,000 facilities nationwide. It operates an extensive network of sites, including SpareFoot.com and SelfStorage.com.
Founded in 1996 and acquired by SpareFoot in April 2018, SiteLink is a global provider of self-storage management software with profit tools, integrations, quality service and regular updates that make it a favorite of single and multi-store self-storage operators. In 2014, SiteLink Merchant Services was introduced to integrate payment processing into SiteLink’s self-storage management software. In addition, dozens of SiteLink Marketplace partners like web designers, call centers, kiosks, insurance providers and more are tightly integrated into SiteLink’s robust technology. The combined company is headquartered in Austin, Texas with offices in Raleigh, North Carolina.
About storEDGE
storEDGE® is the fastest growing technology company in self-storage. By providing data-rich, user-friendly software, modern websites, online rental tools, cloud access control, and additional integrated services, storEDGE gives businesses the end-to-end competitive edge needed to boost rentals and maximize profits from lead to move-out. Created specifically for the self-storage industry, its professional team is dedicated to helping brands succeed with knowledgeable customer support, regular updates, and distinguished technology innovation.
About Cove Hill Partners
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 team currently manages over $1.0 billion in an innovative structure that provides the flexibility to enable a patient, concentrated and value-add approach in a small portfolio of long-term investments. The firm was founded in 2017 by seasoned private equity investors to invest their personal capital alongside a small group of likeminded investors.
Contacts:
SpareFoot media and client inquiries to merger@sparefoot.com
SiteLink media and client inquiries to merger@sitelink.com
storEDGE media and client inquiries to merger@storEDGE.com