CORT Business Services Overview
- Year Founded
-
1972
- Status
-
Acquired/Merged
- Employees
-
1,986
- Latest Deal Type
-
M&A
- Financing Rounds
-
4
- Investments
-
5
CORT Business Services General Information
Description
Provider of rental furniture, accessories and related services intended to serve the home and office, event furnishings, destination services, apartment locating, touring and other services. The company rents new furniture like sofas, dining tables, kitchenware, office desks, lounge seating and other products, enabling clients to get durable, branded and comfortable furnishings.
Contact Information
Website
www.cort.com(Operating Subsidiary)
Corporate Office
- 15000 Conference Center Drive
- Suite 440
- Chantilly, VA 20151
- United States
Corporate Office
- 15000 Conference Center Drive
- Suite 440
- Chantilly, VA 20151
- United States
CORT Business Services Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
CORT Business Services Comparisons
Industry
Financing
Details
CORT Business Services Competitors (7)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Fernish | Formerly VC-backed | Los Angeles, CA | ||||
| Azuma Leasing | Formerly PE-Backed | Austin, TX | ||||
| Cityfurnish | Venture Capital-Backed | Gurugram, India | ||||
| CustomFurnish.com | Venture Capital-Backed | Hyderabad, India | ||||
| IKEA | Corporation | Delft, Netherlands |
CORT Business Services Patents
CORT Business Services Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20210226941-A1 | System and method for electronic credentials | Inactive | 13-Mar-2013 | ||
| US-10999268-B2 | System and method for electronic credentials | Active | 16-Aug-2012 |
CORT Business Services Executive Team (10)
| Name | Title | Board Seat |
|---|---|---|
| Mike Davis | Chief Executive Officer & President | |
| Deborah Lansford | Chief Financial Officer | |
| Paula Newell | Chief Operating Officer | |
| Philip Heidt | Group Vice President & Area General Manager, CORT Party Rental |
CORT Business Services Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
CORT Business Services Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
CORT Business Services Investments & Acquisitions (5)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 4SITE (IT Consulting and Outsourcing) | 01-Jan-2019 | IT Consulting and Outsourcing | |||
| Choice Linens | 07-Mar-2018 | Other Commercial Services | |||
| ABC Rentals | 06-Jan-2011 | Other Commercial Services | |||
| Roomservice by CORT | 14-Jan-2008 | Home Furnishings | |||
| NextOffice | 03-Feb-2000 | Early Stage VC | Internet Retail |
CORT Business Services Subsidiaries (2)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Roomservice by CORT | Home Furnishings | Chessington, United Kingdom | 1983 |
| 4SITE (IT Consulting and Outsourcing) | IT Consulting and Outsourcing | Chantilly, VA |
CORT Business Services FAQs
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When was CORT Business Services founded?
CORT Business Services was founded in 1972.
-
Who is the CEO of CORT Business Services?
Mike Davis is the CEO of CORT Business Services.
-
Where is CORT Business Services headquartered?
CORT Business Services is headquartered in Chantilly, VA.
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What is the size of CORT Business Services?
CORT Business Services has 1,986 total employees.
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What industry is CORT Business Services in?
CORT Business Services’s primary industry is Other Commercial Services.
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Is CORT Business Services a private or public company?
CORT Business Services is a Private company.
-
What is the current valuation of CORT Business Services?
The current valuation of CORT Business Services is .
-
What is CORT Business Services’s current revenue?
The current revenue for CORT Business Services is .
-
How much funding has CORT Business Services raised over time?
CORT Business Services has raised $40.8M.
-
Who are CORT Business Services’s investors?
Bruckmann, Rosser, Sherrill & Company and Court Square Capital Management have invested in CORT Business Services.
-
Who are CORT Business Services’s competitors?
Fernish, Azuma Leasing, Cityfurnish, CustomFurnish.com, and IKEA are some of the 7 competitors of CORT Business Services.
-
When was CORT Business Services acquired?
CORT Business Services was acquired on 17-Feb-2000.
-
Who acquired CORT Business Services?
CORT Business Services was acquired by Wesco Financial Corporation.
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