LAS
VEGAS, July 11, 2024 /PRNewswire/ -- Pay Ready, a
leading provider of post-resident recovery solutions for the
property management industry, today announced its acquisition of
EvictionAssistant, a prominent eviction management software company
located in Rockville, MD. This
strategic move enhances Pay Ready's capabilities, addressing a
critical need in the market and fulfilling a long-standing request
from its clients.
The acquisition of EvictionAssistant expands Pay Ready's suite
of services, allowing the company to provide a more comprehensive
solution for managing move-out workflows. By integrating
EvictionAssistant's expertise in eviction management with Pay
Ready's post-resident recovery platform, property managers can now
seamlessly handle all aspects of the move-out process, from
recovery of outstanding balances to eviction proceedings.
"We are thrilled to welcome EvictionAssistant to the Pay Ready
family," said Adam Eberlein,
Co-Founder and Managing Partner of Pay Ready. "This acquisition is
a direct response to our clients' requests for a more holistic
solution to manage the entire move-out process. Our combined
capabilities will enable organizations to streamline their
operations, reduce costs, and improve the overall resident
experience."
The acquisition of EvictionAssistant strengthens Pay Ready's
position as a leader in the post-resident recovery market, further
solidifying its commitment to providing innovative solutions that
address the unique needs of multifamily owners and operators.
"I am excited for the EvictionAssistant team to join forces with
Pay Ready," said Kevin Kane,
Co-Founder and Partner of Eviction Assistant. "Our shared
commitment to innovation and customer satisfaction makes this
acquisition a natural fit. I am confident that our combined
expertise will drive meaningful growth and improvement in the
industry, and I look forward to being a part of the Pay Ready
team."
The acquisition of Eviction Assistant strengthens Pay Ready's
position as a leader in the post-resident recovery market, further
solidifying its commitment to providing innovative solutions that
address the unique needs of multifamily owners and operators.
"We look forward to working together to deliver exceptional
value to our clients and driving growth in the industry," added
Eberlein.
About Pay Ready
Since 2016, Pay Ready's innovative post-resident payment
technology has revolutionized the way owners, operators, and
residents engage with post-resident account receivables. Pay Ready
has formed major partnerships nationwide in 3 million+ multifamily
units with over $2.5 billion in
serviced receivables. Pay Ready outperforms traditional
post-resident payment processes and aids in brand protection. Pay
Ready's advanced technology has empowered property owners and
operators to focus on revenue generation and growth while leaving
the arduous process of debt management to Pay Ready. Visit
payready.com for more information.
About EvictionAssistant
EvictionAssistant is a specialized eviction management platform
that provides multifamily owners and operators with a streamlined
and efficient way to manage the eviction process. EvictionAssistant
licensees use the software to process over 25,000 delinquency
notices and over 25,000 eviction lawsuits monthly across the
nation.
MEDIA CONTACT
Janis Rossi
Pay Ready
janis@payready.com
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SOURCE Pay Ready