Vista Equity Partners, a global investment firm focused on enterprise software, data and technology-enabled businesses, has made a significant strategic growth investment in StarRez, a provider of residential community and student housing software services.

The investment will serve to accelerate StarRez’s global expansion and develop operational excellence to support sustainable growth and enhance customer experiences. StarRez’s platform offers organizations a scalable and secure service to manage resident accommodations. StarRez’s proprietary platform supports student property management, purpose built student accommodation, build to rent, co-living, staff housing and more to over 800 customers across 20 countries.

“As technology continues to transform student life and higher education and properties seek to create more engaging digital experiences for their communities, we see exceptional growth potential in StarRez as an industry leader and innovator,” stated Patrick Severson, senior managing director and co-head of Vista’s Foundation Fund. “We look forward to partnering with Travis Knipe and the StarRez team to accelerate growth and continue improving the lives of students and residents around the world.”

Houlihan Lokey acted as exclusive financial advisor to StarRez in connection with the transaction. Kirkland & Ellis LLP and Allens served as legal counsel for Vista. For StarRez, Arnold Bloch Leibler served as legal counsel.