StorMan Software, an Australia-based provider of facility-management software for the self-storage industry, was acquired this week by Ezidebit, an Australian company that offers payment-processing solutions. Matt McGown will serve as the new CEO of StorMan, which will be based in Queensland, Australia.
According to an open letter on StorMan’s website from CEO Aaron Alsweiler, the company was approached by representatives of Ezidebit last year with an acquisition offer. Alsweiler said it was unexpected as StorMan was not for sale, but company executives believed Ezidebit would be able to expand the product. StorMan’s staff will continue under the new ownership and will work with customers during the transition.
In the letter, Alsweiler also thanked customers and employees, and said its software users can expect new products and features from StorMan soon.
Founder Stephen Davies also addressed the company’s staff and customers in an open letter on the website and thanked them for their dedication.
StorMan was formed in New Zealand in 1992, providing sales, support, training and consulting for self-storage software products. The company has sales offices in Europe, Mexico, New Zealand, the United Kingdom and the United States.
Founded in 1988, Ezidebit offers payment processing through direct debit, BPAY (an Australian electric bill-payment system) and ecommerce-payment solutions.