Storable expands tech platform with acquisition of StorageAuctions.com

News Wire
Published June 12, 2024

AUSTIN, TX – Storable, the leader in integrated technology solutions for the self-storage industry, is proud to announce its acquisition of StorageAuctions.com, the premier online platform for self-storage auctions. This strategic partnership marks a significant milestone, creating the only platform to offer an end-to-end corporate delinquency solution in-house.

“Bringing StorageAuctions.com into the Storable family solidifies us as a truly comprehensive technology platform that spans the entire self-storage lifecycle,” stated Chuck Gordon, CEO of Storable. “Most operators find auctions challenging and time-consuming. We can now simplify the auction process as part of our end-to-end offering, transforming it into a more efficient experience that removes friction and enhances operations..”

By integrating StorageAuctions.com’s robust online auction services, Storable will improve its existing offerings to include a dynamic auction module that addresses the often dreaded but necessary part of storage management—clearing delinquent units. This integration allows for smoother transitions and greater efficiency in vacating units, thereby optimizing the re-rental process and enhancing overall operational effectiveness.

“Becoming part of the Storable team is a huge step forward for us,” said Lonnie Bickford, Owner of StorageAuctions.com. “It allows us to expand our auction services and capabilities by tapping into Storable’s cutting-edge technology and their wide presence across the storage industry. This partnership is going to transform how storage auctions are run and will help self-storage operators get the highest possible returns while providing an improved experience for bidders and buyers”

The acquisition was finalized on June 4, 2024. StorageAuctions.com will operate as a division of Storable. Current customers of both companies can expect seamless continuation of all existing services and support.

About Storable

Storable is the leading provider of integrated technology solutions, powering the self-storage, marine and RV/Campground  industries. Storable is committed to pushing the boundaries of innovation, offering a suite of products that includes management software, marketplace, websites, access control, insurance, payments, and more. Storable takes pride in supporting operators and managers along each step of their journey and enabling them to achieve their goals. For more information, visit www.storable.com.

About StorageAuctions.com

StorageAuctions.com is a leading online platform specializing in storage unit auctions. Established by a veteran in the self-storage sector, the platform caters to a broad audience by simplifying the auction process and expanding the reach of auction events, thereby increasing unit sales potential. For more details, visit StorageAuctions.com’s website.

News Wire

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