CORT has acquired Dwellworks for an undisclosed amount, bringing together two significant providers in the global mobility and temporary living sectors. Dwellworks is recognized as the world’s largest provider of destination-related services and temporary living solutions, serving the globally mobile workforce and business travelers through business-to-business solutions for Fortune 1000 and emerging companies. CORT, a leader in furniture rental and relocation services, strengthens its comprehensive offerings with this strategic acquisition.
Founded in 2007, Dwellworks has built an extensive global presence, offering a range of support services to help employees and their families transition successfully to new destinations. Its services include nationwide destination services, a full-service real estate brokerage (Station Cities), a Property Management Solution, and intercultural training. In 2020, Dwellworks launched Dwellworks Living, expanding its corporate housing portfolio to offer alternative accommodations in 125 countries, leveraging innovative technology and local networks.
This acquisition is strategically significant for CORT, enabling it to expand its global footprint and enhance its service portfolio for corporate clients. By integrating Dwellworks' comprehensive destination services and temporary living solutions, CORT can now offer a more holistic and streamlined experience for companies managing global talent mobility. The synergy between CORT's existing services and Dwellworks' specialized offerings is expected to create a more robust and integrated solution for clients navigating complex relocation and business travel needs worldwide.
The combined entity is poised to deliver an expanded suite of services, providing unparalleled support for the diverse needs of the globally mobile workforce. This integration aims to offer clients a single, comprehensive partner for relocation, temporary living, and destination support, reinforcing their commitment to facilitating successful transitions for employees and their families across the globe.