Pay Ready, a Las Vegas, NV-based provider of post-resident recovery solutions for the property management industry, acquired EvictionAssistant, a Rockville, MD-based eviction management software company.
The amount of the deal was not disclosed.
The acquisition of EvictionAssistant expands Pay Ready’s suite of services, allowing the company to provide a more comprehensive solution for managing move-out workflows.
EvictionAssistant develops a specialized eviction management platform that provides multifamily owners and operators with a streamlined and efficient way to manage the eviction process. Its licensees use the software to process over 25,000 delinquency notices and over 25,000 eviction lawsuits monthly across the nation.
Pay Ready offers a post-resident payment technology that helps the way owners, operators, and residents engage with post-resident account receivables. It has formed major partnerships nationwide in 3 million+ multifamily units with over $2.5 Billion in serviced receivables. The company’s advanced technology has empowered property owners and operators to focus on revenue generation and growth while leaving the arduous process of debt management to Pay Ready.
FinSMEs
11/07/2024