Storable Acquires Newbook Property-Management Software for RV Parks, Campgrounds

May 7, 2024

1 Min Read

Storable, a supplier of various products and services for the self-storage industry, has acquired Newbook, a provider of property-management software for the hospitality industry including RV parks and campgrounds. Newbook will operate as a division of Storable and its management team will remain unchanged, according to a press release.

In addition to property management, Newbook offers an online-booking and reservation system, and kiosks. Its products are used by hotels, marinas, motels and vacation rentals.

“We are thrilled to welcome Newbook to the Storable family as we launch our third vertical,” said Storable CEO Chuck Gordon. “Our experience with self-storage and marine has shown that our all-in-one platform brings significant benefits, not just to operators but to their customers as well. We are excited to extend these advantages to RV-park and campground operators, enhancing their ability to provide exceptional service.”

“Joining forces with Storable opens an exciting chapter for Newbook, enabling us to leverage their proven success to propel our solutions to new heights," said Newbook CEO Shaun Cornelius. “Together, we are committed to driving technological advancements that deliver real value and elevate the operational efficiencies of our customers and their guests."

Based in Austin, Texas, Storable offers cloud-based access control, management software, marketing and website services, payment processing, tenant insurance, and other self-storage products. Its family of companies includes Bader, CallPotential, Easy Storage Solutions, SBOA Merchant Services, Select Merchant Solutions, SiteLink, storEdge and Storsmart. The company is backed by Boston-based private-equity firm Cove Hill Partners, which was founded in 2017 and manages an inaugural fund of more than $1 billion.

Founded in 2010, Newbook operates from three international offices and has more than 50,000 users.

Source: PR Newswire, Storable and Newbook Join Forces to Elevate End-to-End Property Management Experience for RV Parks and Campgrounds

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