Alpine Investors, a people-driven private equity firm, has made a strategic partnership with AirDNA, a provider of global short-term rental data and predictive analytics software.
AirDNA provides third-party STR data known for its accuracy as recognized by data partners and tourism and real estate professionals. The firm’s software services equip over 85,000 customers across 65 countries. Following the partnership, AirDNA will be able to enhance its data services and develop tools across multiple industries.
“The STR industry has shaken up the broader lodging and real estate industries, and it’s exciting to be in an area where change is creating so much opportunity for growth and innovation. AirDNA has a proven track record of success,” said Demi Horvat AirDNA COO. “I’m delighted to be joining a company that aligns so closely with my values, and I’m excited to help expand the market-leading software they already offer.”
For AirDNA, GLC Advisors served as financial advisors, and Scale LLP served as legal counsel. For Alpine, Morrison Foerster served as legal counsel.