Inhabit Secures Investment from Blackstone and GSV
Deal News | Dec 02, 2024 | Greater Sum Ventures
Inhabit, a leading company in property management software solutions, has announced a major preferred equity investment led by Blackstone Tactical Opportunities, with additional backing from Greater Sum Ventures. The investment reflects strong confidence in Inhabit's growth potential, innovation, and capability in the property management technology sector. Blackstone joins existing investors such as Goldman Sachs, Insight Partners, and PSG, underscoring a collective belief in Inhabit's future. Key stakeholders, including Lisa Stinnett of Inhabit and Ross Croley of GSV, have expressed enthusiasm about the partnership and investment, highlighting opportunities for growth and enhanced customer service. Financial advice for Inhabit was provided by Jefferies LLC and Goldman Sachs, while Guggenheim Securities advised Blackstone and GSV. This funding positions Inhabit to deliver superior technology solutions in the evolving property management market.
Sectors
- PropTech
- Investment
Geography
- United States – Greater Sum Ventures is headquartered in Knoxville, Tennessee, and the deal involves U.S.-based financial advisors and investors.
- Global – Inhabit is a global software company serving international markets in the property management industry.
Industry
- PropTech – Inhabit operates within the property technology (PropTech) industry, delivering software solutions for property management.
- Investment – The article discusses an equity investment by Blackstone and Greater Sum Ventures into Inhabit.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Inhabit | Target company | Company | A global leader in property management software solutions. |
| Blackstone Tactical Opportunities | Investor | Company | An opportunistic investment platform within Blackstone investing globally. |
| Greater Sum Ventures | Investor | Company | An entrepreneurial family office investing in middle-market software companies. |
| Goldman Sachs | Existing Investor & Financial Advisor | Company | A leading global investment banking firm. |
| Insight Partners | Existing Investor | Company | A global venture capital and private equity firm investing in technology. |
| PSG | Existing Investor | Company | A growth equity firm focused on software and tech-enabled service companies. |
| Jefferies LLC | Financial Advisor | Company | Provided financial advisory services to Inhabit. |
| Guggenheim Securities | Financial Advisor | Company | Acted as exclusive financial advisor to Blackstone and GSV. |