JOSEPHINE COUNTY By Press Release
Rentec Direct Acquires TrueRent Property Management Software
https://www.rentecdirect.com/
https://www.rentecdirect.com/blog/rentec-direct-acquires-truerent-property-management-software/
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entec Direct, the industry-leading property management software solution, has acquired TrueRent, an all-in-one property management system designed for property owners and property managers to save time and streamline tenant interaction. Rentec Direct and TrueRent of cially entered an acquisition agreement on January 20, 2022. "TrueRent is an outstanding company who has not only built a platform that ultimately serviced tens of thousands of property managers, but also holds core values that include providing an innovative product and amazing customer support to their clients,” said Nathan Miller, President of Rentec Direct. “We found that our values aligned well with theirs, and are pleased to give their clients even more options for streamlining their real estate business by providing them an automated migration path to the Rentec Direct platform." Founded in 2009, Rentec Direct is one of the highest-rated professional property management software solutions on the market
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6 | Southern Oregon Business Journal March 2022
and the third-largest property management software system in its sector. The company serves more than 25,000 landlords and property managers who own over 750,000 units across the country. TrueRent was founded in 2013 and has continued to grow and innovate over the years by providing essential features integrated into one accessible and affordable software. Both companies were founded as a result of two entrepreneurs investing in and managing rental
properties themselves, nding inef ciencies in the industry as their real estate portfolios began to grow. “We have always strived to provide user-centric software, with exceptional service and enhanced features,” said Haley Anastassiou, Co-Founder of TrueRent. “We shared a vision with Rentec Direct and feel con dent knowing our customers will be in great hands.” All TrueRent subscribers now have access to a Rentec Direct property management software account, and an automated data migration process to move their data to the new platform that has extensive features and award-winning customer service. Rentec Direct began migrating TrueRent client data to the Rentec Direct platform on February 9, 2022 and TrueRent will formally discontinue operations on March 20, 2022. To learn more about Rentec Direct’s acquisition of TrueRent, visit: https://www.rentecdirect.com/ blog/rentec-direct-acquires-truerent-propertymanagement-software/.
