Valet Living, which is backed by Ares Management and Harvest Partners, has acquired Atlanta-based ChoreMate, an amenity services provider for multifamily communities. No financial terms were disclosed.
TAMPA, Fla., Aug. 8, 2017 /PRNewswire/ — Valet Living, pioneer of the doorstep collection amenity and innovator in turn services, maintenance support and pet solutions, announces the recent acquisition of Atlanta-based multifamily solution, ChoreMate. ChoreMate offers a range of amenity services for multifamily communities ranging from doorstep collection to trouble-free dry cleaning.
United by a common business culture, the two companies will now operate as one, under the Valet Living umbrella. The strategic acquisition further increases Valet Living’s presence in the south-east market and extends its mission to enhance property value by setting the standard in residential services.
“The combination of ChoreMate with Valet Living will provide ChoreMate’s clients with all of the benefits that Valet Living clients are accustomed to,” said President and CEO of Valet Living, Shawn Handrahan. “In addition, we love ChoreMate as a company and think it has the same great business model we have, and shares the same values that Valet Living strives to set for the industry.”
“We are excited about joining forces with Valet Living,” said founders of ChoreMate, Bruce and Samantha Bryan. “The ChoreMate team has always envisioned offering our clients an even wider range of services and support paired with innovative technology. Teaming up with Valet Living, the industry leader, will allow us to do just that. Together, we are now able to provide this extensive support to each of our clients and at the same time continue to offer the high level of client care that ChoreMate has always put first.”
Both companies will continue to operate normally while implementing a strategic plan for ChoreMate’s clients and residents to have a seamless transition. As Valet Living continues to announce a number of additional resident-facing services, it will continue its commitment to provide unparalleled services for both property managers and residents.
About Valet Living:
As a Tampa Bay Times Top Workplace, Valet Living has been setting the standard for doorstep collection and recycling since 1995. Approaching one million apartment homes serviced across more than 35 states, Valet Living has grown to become not just the only national provider of doorstep collection and recycling services, but also the only nationally-recognized full service amenities provider to the multifamily industry. In addition to doorstep collection, Valet Living’s turns, maintenance and pet station solutions make life easier for both property managers and residents, while improving property values. Valet Living is a portfolio company of the Private Equity Group of Ares Management, L.P. (NYSE: ARES) and Harvest Partners, LP.