On May 15, 2025, Entrata, a leading operating system for multifamily communities, announced a $200 million minority investment from funds managed by Blackstone at a $4.3 billion valuation. This investment comes as Entrata is moving forward on its next chapter of growth, serving the rental housing industry through innovative technology that streamlines operations for property managers and elevates the living experience for millions of residents. Wilson Sonsini Goodrich & Rosati advised Entrata on the transaction.

Entrata’s suite of solutions offers a centralized platform for managing various aspects of a property, including accounting, purchasing, facilities, and leasing, among others. Over the past two decades Entrata has emerged as a leader in property management technology, building a comprehensive operating system in rental housing. 

The Wilson Sonsini team that advised Entrata on the transaction includes Rezwan Pavri, Colin Conklin, Lester Ang, and Partha Vora.

For more information, please see Entrata’s press release.