Point of Rental Software Acquires Rental Inspection Software Expert Record360

The acquisition is designed to fuel Record360's product development and growth, allowing the team to accelerate the pace of product innovation, increase its global footprint, and continue to develop its mobile digital documentation tools.
Feb. 11, 2024
3 min read

Point of Rental Software, the leading global player in rental management software, has acquired rental inspection software expert Record360.

 

The acquisition is designed to fuel Record360's product development and growth, allowing the team to accelerate the pace of product innovation, increase its global footprint, and continue to develop its mobile digital documentation tools.

 

“Point of Rental aligns with our values of bringing innovative products to market while focusing on responsible long-term growth and customer service,” said Record360 CEO Abby Chao. “Because our products are complementary, Record360 customers will benefit as we discover new features we can build into our product.”

 

Record360 will continue to operate as its own business entity, adding inspection software to Point of Rental’s valuable suite of RMS-independent solutions, which also include e-commerce, consumer portal, electronic signature collection, and integrated payments.

 

"We see immense potential in the abilities of Record360 to transform the industry and we’re excited to combine our resources to realize that potential,” said Point of Rental CEO Wayne Harris. “We’ll continue to prioritize Record360’s autonomy and increase integration points through the Open API so that any ERP system can fully integrate with Record360.”

 

Leadership from both organizations will talk about the future of the united business at Point of Rental’s pre-ARA Show happy hour in New Orleans on Feb. 18. For those not able to attend, they’ll also host an online webinar to share the vision for Record360 in the weeks after the show.

 

To learn more about Record360, visit record360.com. To learn more about Point of Rental Software, visit pointofrental.com

 

Point of Rental Software provides smart, scalable rental and inventory management software to more than 5,000 business locations of all sizes and industries. With offices in the U.K., U.S., Australia, Canada and South Africa, Point of Rental offers the global rental and hire industry award-winning software and customer support.

About the Author

Michael Roth

Editor

Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.

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