Assured Relocation (“Assured”) has been acquired by CRS Temporary Housing (“CRS”), a national temporary housing company that provides complementary services for short and long-term housing stays. CRS is a portfolio company of Reverence Capital. The acquisition will add significant scale and will position the combined entity as the largest standalone temporary housing company in the industry.
Founded in 2003, Assured has grown organically over the past 19 years into a leader in the temporary housing solutions industry, with placement services including short-term hotel stays; long-term single-family homes and apartments; furnished, turnkey corporate apartments; alternative housing including travel trailers; and other ancillary housing services.
CRS, a portfolio company of Reverence Capital since December 2021, is a leading tech-enabled outsourced services platform providing end-to-end temporary housing solutions for policyholders on behalf of insurance carriers. With the Company’s nationwide coverage, 24/7 availability, quick turnaround, and personalized customer service, it has grown into a trusted partner for over 100 national and regional insurance companies across the U.S.
Reverence Capital Partners is a private investment firm focused on thematic investing in leading global, middle-market Financial Services businesses through control and influence oriented investments in Depositories and Finance Companies, Asset and Wealth Management, Insurance, Capital Markets, and Financial Technology/Payments. The firm was founded in 2013 by Milton Berlinski, Peter Aberg, and Alex Chulack, who collectively bring over 100 years of advisory and investing experience across a wide range of financial services sectors.