#Knoxville #United States #Blackstone #Inhabit #GSV

Inhabit Secures Strategic Investment

Inhabit, a prominent name in the property management software sector, has successfully secured a significant preferred equity investment led by Blackstone Tactical Opportunities, alongside an additional investment from Greater Sum Ventures (GSV). This deal not only enhances Inhabit's financial position but also underscores its reputation as a leader in property management technology. Together with existing major shareholders such as Goldman Sachs, Insight Partners, and PSG, Blackstone's involvement signals a strong confidence in Inhabit's growth trajectory and innovative potential.

Lisa Stinnett, Inhabit's CEO, expressed her enthusiasm about the recent investment. She stated, “Welcoming Blackstone as a part of our investor base represents an immense endorsement of Inhabit's capacity for growth. It positions us favorably to advance our technology capabilities, improve customer experiences, and achieve new heights in both the residential and vacation property management markets.” This endorsement not only provides Inhabit with a financial boost but also aligns the company with one of the most reputable investment firms globally, increasing its credibility in the market.

The partnership with GSV is equally noteworthy. Ross Croley, GSV's CEO and Founder, remarked, “Having supported Inhabit since its inception in 2016, we are committed to continuing our investment as the company evolves. This is an exciting phase that allows us to amplify our support for Inhabit's innovative approaches in the property management arena.” GSV's involvement is also pivotal, given its consistent backing and experience in navigating the tech-enabled services landscape.

In light of these developments, Shary Moalemzadeh and Dawn Hu, both Senior Managing Directors at Blackstone, highlighted their eagerness to assist in Inhabit's growth trajectory. They noted, “We are excited to support Inhabit's innovative strategies in property management technology. Our commitment will help them enhance their platform and broaden their presence in this ever-evolving industry.” This investment signifies a recognition of Inhabit's ability to deliver optimized and revolutionary solutions in property management technology, a sector that is experiencing rapid advancements and increasing demand.

With the combined support from Blackstone, GSV, and continuing institutional partners, Inhabit is poised to further enrich its product offerings and provide exceptional solutions to property management firms. The overall sentiment from the investment community emphasizes the importance of innovation and adaptability in addressing the challenges faced by property management companies across the globe.

About Inhabit

Inhabit is a leading global software company specializing in PropTech solutions for the residential and vacation property management sectors. With over 1,100 employees, it partners strategically to deliver top-tier software solutions, oversee innovative collaborations, and drive improvements in the industry. The company’s commitment to excellence is underscored by its continued evolution and responsiveness to market needs. For further information, visit Inhabit.com.

About Blackstone Tactical Opportunities

Blackstone's Tactical Opportunities team is dedicated to identifying and pursuing diverse investment opportunities across various asset classes and regions. By leveraging Blackstone's extensive intellectual capital, the team aims to capitalize on dynamic market changes and optimize their investment strategies accordingly.

About Greater Sum Ventures

Greater Sum Ventures is an entrepreneurial family office focused on investing in mid-market software and tech-enabled services firms. With deep operational experience and a commitment to revolutionary industry transformation, GSV actively collaborates with independent partners to build robust technology platforms.