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- DOOR Announces Acquisition of HelloTech, Enhancing Full-Service Amenities for Residents
DOOR Announces Acquisition of HelloTech, Enhancing Full-Service Amenities for Residents
Slice of Real Estate Team
June 26, 2024
Key Highlights:
DOOR acquires HelloTech to integrate last-mile installation and connected device support.
DOOR Services to offer comprehensive amenities for multifamily buildings.
Jamie Siminoff, Chief Doorman at DOOR, highlights HelloTech's expertise in servicing 100,000+ residences.
Greg Steiner, CEO of HelloTech, supports DOOR’s mission to enhance residential living.
Micah Stone promoted to President of DOOR Services.
Source (Business Wire)
Notable Quotes
“We’re excited to join forces with HelloTech to accelerate our vision for DOOR Services. The HelloTech team’s expertise includes servicing residents across the country and also supporting multifamily properties, with over 100,000 residences serviced in the last 12 months.”
“We’re thrilled to support DOOR’s mission to enhance the residential living experience and believe the HelloTech platform will be an important foundation for DOOR Services.”
Our Take:
The acquisition of HelloTech by DOOR signifies a strategic move to enhance the range of services offered to residents in multifamily buildings. By integrating HelloTech's expertise in technology installations and support with the capabilities acquired from Honest Day's Work, DOOR is positioning itself to deliver a seamless and comprehensive service experience. This move not only benefits residents by providing easy access to a variety of service providers but also supports property owners and managers by streamlining operations. The promotion of Micah Stone to President of DOOR Services further emphasizes the company's commitment to expanding its service offerings and enhancing the residential living experience.