Lessen and SMS Assist: Greater Together
Lessen, a leading tech-enabled outsourced real estate property services provider, has strategically acquired SMS Assist, a top facilities maintenance technology company, to jointly serve around 250,000 residential and commercial properties across the U.S., managing approximately 2.5 million repair and maintenance orders annually and expanding their comprehensive property services portfolio.
Lessen, the premier tech-enabled, end-to-end solution for outsourced real estate property services, announced today a strategic acquisition of SMS Assist, an industry-leading facilities maintenance technology company. The two companies will serve a national footprint of approximately 250,000 residential and commercial properties and facilitate approximately 2.5 million repair and maintenance orders per year – in tandem with bolstering a broader range of property services.
News coverage on the acquisition:
- Commercial Observer: Lessen Acquires SMS Assist in Largest Proptech Acquisition To Date
- Business Wire: Lessen Acquires SMS Assist, Signaling A New Era for Property Technology and Services
- Bloomberg: Real Estate Tech Firms Lessen, SMS Combine in $950 Million Deal
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