Five Arrows has invested in StarRez, a Colorado-based student housing software provider. The deal's financial terms remain undisclosed. StarRez's existing backer, Vista Equity Partners, first invested in the company in 2022 and will continue supporting its global expansion efforts. Jason Day serves as the CEO of StarRez.

This investment adds another private equity firm to StarRez's capital structure as the student housing market grows. Vista's continued involvement suggests confidence in the company's trajectory. The student housing sector has seen increased interest from investors seeking technology solutions for a growing and specialized real estate market.

Five Arrows' move signals a strategic bet on education technology infrastructure. The backing from two established private equity firms could accelerate StarRez's international growth. Watch for how the company leverages this combined capital to enhance its platform for university housing operators worldwide.