TurboTenant, the rental property management software provider, has acquired Azibo, a financial services platform for rental properties.
As part of the acquisition, Azibo users will gain access to TurboTenant’s platform and the Azibo technology will continue to support current users during the transition. The financial terms of the deal were not disclosed
“We are excited to welcome the Azibo users to TurboTenant,” said Seamus Nally, CEO of TurboTenant. “This acquisition will provide them with seamless access to our market-leading platform, unlocking a larger set of features and functionality than before. From filling vacancies to managing the full tenant lifecycle, TurboTenant will meaningfully streamline operations and support their success.”
“Azibo’s mission was to simplify financial management for landlords and make financial flexibility through rental property ownership accessible to all,” added Vikas Gupta, CEO of Azibo. “TurboTenant shares that mission. We are thrilled that our users will now have a more robust, seamless solution to run a profitable rental business.”
