The backing of a major investor like the Wasatch Venture Group will enable ResMan to compete at the upper end of the market and serve the needs of the largest companies in the property management space.
Plano, Texas (PRWEB) June 07, 2016
ResMan, LLC, a leading provider of cloud-based property management software, has secured significant new capital to continue its rapid growth in the multi-family housing software space. The Utah based Wasatch Venture Group has purchased a substantial position in ResMan, LLC. “The Wasatch Venture Group brings not only the financial resources of a multi-billion dollar enterprise but also provides access to significant intellectual property assets that offer important synergies for our partnership,” said Dave McKenna, Executive Vice President of ResMan, LLC.
The Wasatch Venture Group is a diverse holding company with investments in over twenty companies that specialize in real estate solutions.
“The growth in our installed base and sales requires a major expansion in our implementation capacity and account management services,” said McKenna. “The backing of a major investor like the Wasatch Venture Group will enable ResMan to compete at the upper end of the market and serve the needs of the largest companies in the property management space.”
ResMan® is the fastest growing property management software solution in the multifamily industry, providing easy-to-use automation tools that improve operational effectiveness and productivity for Conventional and Affordable Housing Property Management. The SaaS provider focuses on Service First in everything, with intuitive software and industry’s leading customer experience. Built on a single platform; ResMan® delivers a highly intuitive solution to meet both operational and accounting needs for the multifamily owner/operator. In addition, the ResMan+ Innovation Network is an open API actively promoting best-of-breed solutions to meet each customer’s unique needs.