Private Equity Portfolio
Online payment solutions for property management companies and tenants.
PayLease provides online payment, billing, and utility expense management tools to property management companies, HOAs, and residents. PayLease provides tenants with convenient online payment options that are easy to use and are bolstered by the highest levels of security and customer support. PayLease simplifies property manager workflows through seamless integrations, increases net operating income, and enhances resident relationships. The Company has over 4,500 clients, supporting in excess of 12 million residents.
PayLease was founded in 2003 and is based in San Diego, CA, with operations in Chicago, IL.
Vista Foundation Fund III completed the acquisition of PayLease in July 2017.
Zego is a provider of resident engagement and smart home solutions for multifamily communities. The Company’s platform enhances multifamily communities by integrating smart home devices and connecting residents with management, maintenance, and a marketplace for local services in a single platform.
PayLease acquired Zego in April 2019.