Entrata Receives $200M Investment from Blackstone

Blackstone takes minority stake in Entrata at $4.3bn valuation - Private Equity Wire

Entrata, a provider of property management software, has secured a $200m minority investment from Blackstone, valuing the Utah-based company at $4.3bn in the latest non-control PE transactions in the tech-enabled real estate space, according to a report by Reuters. The deal marks a strategic partnership between Blackstone, the world’s largest alternative asset manager, and a company already backed by Silver Lake, which retains its majority gover…

Entrata Soars to $4.3B Valuation with $200M Backing from Blackstone - USA Herald

Entrata, a leading operating system for multifamily housing communities, today announced it has reached a $4.3 billion valuation after securing a $200 million minority investment from private equity giant Blackstone. The transaction was led by Weil Gotshal & Manges LLP, with Wilson Sonsini Goodrich & Rosati PC advising Entrata. Entrata provides an innovative, centralized property

Entrata Receives $200M Investment from Blackstone

Entrata, a Lehi, UT-based operating system for multifamily communities, received a $200m minority investment from funds managed by Blackstone at a $4.3 billion valuation. This investment will allow the company to bring technology to an expanded footprint of owners, operators and residents. Led by Adam Edmunds, CEO, Entrata is an operating system for multifamily communities […] The post Entrata Receives $200M Investment from Blackstone appeared f…