Houlihan Lokey Advises StarRez

Houlihan Lokey is pleased to announce that StarRez, the global market leader in student housing and residential community management software, has received a strategic growth investment from Vista Equity Partners. StarRez and Vista will collaborate to accelerate StarRez’s global expansion and foster operational excellence to support sustainable growth, enhance the customer experience, and improve student and resident life globally.

StarRez’s platform provides organizations with a scalable, secure solution to manage accommodations and engage residents. Founded in Australia in 1992, the company has since expanded into the North American and European markets and today has over 800 customers in more than 20 countries worldwide.

StarRez’s industry-leading, proprietary platform and solutions cater to higher education, student property management, purpose-built student accommodation (PBSA), build-to-rent (BTR), co-living, staff housing, boarding schools, and conferences and events. The company is well positioned within the growing student accommodation market, offering an intuitive cloud solution with a wide range of housing-specific functionality to customers.

Vista is a leading global investment firm with more than $86 billion in assets under management. The firm exclusively invests in enterprise software, data and technology-enabled organizations across private equity, permanent capital, and credit and public equity strategies, bringing an approach that prioritizes creating enduring market value for the benefit of its global ecosystem of investors, companies, customers, and employees.

Houlihan Lokey served as exclusive financial advisor to StarRez and assisted the company throughout the transaction. This transaction reflects Houlihan Lokey’s continued advisory leadership in the PropTech and vertical software markets.