Announced
Completed
Synopsis
LLR Partners, a private equity firm, completed the investment in TurboTenant, an all-in-one property management software. Financial terms were not disclosed. “TurboTenant is a well-known brand with highly satisfied customers in a fast-growing, yet still largely underserved, software market.Independent landlords are one of the last real estate markets with significant opportunity for technology adoption and optimization. We believe TurboTenant’s brand strength, leadership team, and business model have positioned the company well to continue its path to market leadership,” Cheng Li, LLR Partners Principal.
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