SmartStop Self Storage to acquire Argus Professional Storage Management.

SmartStop Self Storage, a real estate investment trust, agreed to acquire Argus Professional Storage Management, a self-storage third-party management company. Financial terms were not disclosed. “This is a game-changing deal for the self-storage industry. This merger will create a best-in-class operating and management platform. SmartStop’s entrepreneurial approach along with its robust technology will allow APSM to continue to provide its clients with the flexibility they value while tapping into an industry-leading platform. The two companies’ cultures are very similar, with an emphasis on putting the client’s investment goals and objectives first. This merger will create the first entrepreneurial-minded, industry leading operating platform in self-storage,” Ben Vestal, APSM CEO.