London-based
luggage storage network Stasher has acquired New York-based competitor StoreMe.
Terms
of the acquisition have not been disclosed.
The
combination brings together Stasher’s 5,500 storage points in more than 1,000 cities
around the world with StoreMe’s more than 300 locations in the United States.
“I
am delighted to transition StoreMe’s business over to Stasher, a leader in the
market,” said StoreMe founder Peter Korbel.
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“The
timing was right to sell StoreMe and focus my efforts on my consulting
business, 135 Madison, and other business opportunities. I have a lot of faith
that the founders will continue to scale and grow the operation to new
heights.”
Stasher
was founded in 2015 and raised
$2.5 million in 2020. Co-founder Jacob Wedderburn-Day said the acquisition of
Stasher, founded in 2017, will help the company grow its presence in the U.S.
“The
American market is massive and has a lot of untapped potential,” he said.
“This
deal lets Stasher build on Peter’s excellent work and add some fantastic U.S.
locations to our network, particularly on the East Coast.”
In
the past Stasher has acquired U.S.-based
Cubby, Airkeep in Latin America and
MindMyBag in Australia.