Reside merges with Graebel to build end-to-end workforce mobility platform
What's the deal? Reside, the alternative accommodations specialist and parent of extended-stay firm 3SixtyDealroom has a profile for this one. Try Dealroom →, has merged with workforce mobility and relocation company Graebel CompaniesDealroom has a profile for this one. Try Dealroom →, the two announced Thursday. Financial terms were not disclosed.
Who runs it? Graebel chief executive officer Ron Dunlap will lead the combined organisation, while Reside and Graebel continue to operate as separate entities. Reside co-founder Lee Curtis joins the combined company's leadership team.
What's the endgame? The merger pairs 3Sixty's corporate housing marketplace with Graebel's technology and service platform. Curtis said the combination "will simplify a critical part of the employee journey" and move the companies "closer to delivering the seamless, end-to-end experience employees increasingly expect."
Who's backing it? The deal is backed by Canadian private equity firm Westbridge Capital, with continued investment from the Graebel family. Westbridge said the merger is a first step toward expanding into workforce support beyond traditional relocation.
The signal: The tie-up reflects a push to consolidate relocation, corporate housing, and mobility services under one roof, as employers seek fewer vendors and a smoother experience for staff on the move.
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