Willkie represents Insight Venture Partners in the transaction.
Willkie represented longtime client Insight Venture Partners in its recent investment in Property Brands, a leading provider of property management technology solutions. As a result of the transaction, Insight will retain majority investment control, while Property Brands' previous lead investor, Providence Strategic Growth, will retain a minority investment partnership going forward.
The investment and partnership will expand Property Brands' service offerings for property management companies, helping them to solve challenges, become more efficient, reduce operating cost, and improve resident experience.
Headquartered in Knoxville, Tennessee, Property Brands provides software for property management, rent payment processing, background screening, and renters insurance. Property Brands is helmed by an executive team of proven entrepreneurs who have successfully built market leading SaaS companies.
Insight Venture Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries.
The Willkie deal team was led by partners Gordon Caplan and Matthew Guercio and included partners Daniel Alvarez, Leah Campbell, Michael Katz, Viktor Okasmaa and Christopher Peters; counsel Jeffrey Clancy and Jonathan Konoff; associates Michael Casas, Stephanie Moran, David Lee, Peter Melampy, Marc Balmazi, Brandon Coyle, Timothy DeKeyser, Guy Inbar, Matthew Makover, Jessica McGrath, Jenae Moxie, Alex Moyer, Rose Ohanesian and Ann-Christine Stepien; and law clerks Kevin Tarsa and Anthony Rydelek.