Pay Ready, based in Las Vegas, Nevada, has acquired EvictionAssistant, an eviction management software company located in Rockville, Maryland. The terms of the deal were not disclosed.
Expanding Service Offerings
The acquisition allows Pay Ready to enhance its suite of services, providing a more comprehensive solution for managing move-out workflows.
EvictionAssistant offers a specialized platform for multifamily property owners and operators to manage the eviction process efficiently. The software processes over 25,000 delinquency notices and more than 25,000 eviction lawsuits monthly across the nation.
Pay Ready provides post-resident recovery solutions and has established significant partnerships nationwide, servicing over 3 million multifamily units and managing more than $2.5 billion in receivables. The company’s technology enables property owners and operators to focus on revenue generation and growth by handling debt management.
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By Proptechbuzz
By Ravi Kumar
