VRMA Administrator
Property manager Blueground has acquired Germany-based Nestpick in an equity-based deal. Nestpick’s platform lists month-to-month rentals of furnished accommodation. The deal comes as Blueground attempts to build a partner network that will list what the company says is vetted third-party inventory. The network will bring over portfolios from companies including Kasa and Placemakr, based on established criteria. “The Nestpick team will help us build our partner network,” said Alex Chatzieleftheriou, co-founder and CEO of Blueground. “It’s the merging of Blueground and external operators, and what we are getting is integration, is know-how, and speed to bring operators to the platform.”
Skift (05/30/23) Srividya Kalyanaraman
