LUBBOCK, Texas--(BUSINESS WIRE)--Quext, a leading technology company for the multifamily industry, today announced its acquisition of Homebase, a smart building technology platform that drives connectivity and communication for multi-resident communities. The acquisition brings together two of the most innovative companies in the space, creating a single source for multifamily operators to get the best-in-class smart community and managed WiFi solutions their residents request.
“Today’s residents expect the latest in smart technologies, presenting an opportunity for apartment owners to not only meet the evolving needs of their residents but also achieve substantial income growth from their investments,” said Dave Marcincowski, Partner at Quext. “By harnessing the combined strengths of Quext and Homebase, we’re poised to deliver the most comprehensive smart community solutions available in the market while advancing our mission to set a new standard for excellence in the multifamily space.”
Quext’s acquisition of Homebase brings operators a comprehensive suite of features and solutions in what will soon become a unified user experience. This provides greater flexibility and agility for a diverse range of property scenarios related to new constructions, retrofits, network requirements, edge hardware complexity and capital budget availability.
The two organizations and platforms will continue to independently grow their products, so that each customer base continues to reap the benefits of their ever-innovating product sets, while working quickly to evolve into a best-in-class single-user experience in the future. This unified platform will enable customers to choose from Quext’s unique LPWAN-based network with an embedded thermostat hub, a Homebase-style hub-less WiFi network solution, or a redundant path combination of these services.
"Quext and Homebase bring together the industry’s best solutions hardware and software expertise, along with extensive experience in real estate and smart building technologies," said Dave Gilles, CEO of Madera Companies."With the addition of Homebase’s CEO Blake Miller as our new Chief Product Officer, we're reinforcing Quext's commitment to driving operational efficiencies for our customers, expanding on solutions designed specifically for multifamily, rather than adapted to multifamily."
"Quext has proven itself as a visionary in the multifamily industry, and it’s an honor to join the team and partner to bring the next generation of smart technology to operators and residents,” said Blake Miller, newly appointed Chief Product Officer at Quext. "This acquisition represents a significant leap forward for our development roadmap, bringing a substantial boost to our infrastructure and a tremendous opportunity to elevate our level of customer service for property managers and residents. Together, we’re poised to enhance the value and profitability of buildings while ensuring a seamless transition and a brighter future for our valued customers."
About Quext
Quext is a smart technology and services company pioneering exciting innovations that make smarter decisions brilliantly simple. Created by industry experts, Quext reimagined apartment technology with products that work seamlessly together delivering the easiest-to-learn, most intuitive, all-in-one, cloud-based apartment community nerve center ever offered. Core platform innovations include internet of things, digital human customer support, broadband internet, and fintech solutions. Quext is a people-centric firm founded by Madera Residential, an industry leader in multifamily housing investment and property management. Headquartered in Lubbock, TX, the company was recognized as a winner of the Fierce Wireless IoT Challenge 2020 and 2023 LPWAN Excellence Award from IoT Evolution. To learn more, visit onequext.com/ or follow us on LinkedIn at linkedin.com/company/onequext.
About Homebase
Homebase is a smart building technology platform that drives connectivity and communication for multi-tenant communities. By connecting smart home devices - access control, lighting, lock hardware & software, thermostats - as well as automated building systems through a building-wide WiFi and Bluetooth Mesh network, we help property managers give residents the modern, sophisticated living experience they desire while making management simple and seamless. For more information, visit homebase.ai, and for regular updates on Homebase news and services, connect with us via Twitter at twitter.com/HomebaseAI and Instagram at instagram.com/homebaseai/.
