In this episode of The One Take, WERC President and CEO Anupam Singhal speaks with Mike Davis, president and CEO of CORT, and James Conigliaro, president and CEO of Dwellworks, about Dwellworks’ recent acquisition of CORT’s U.S.-based destination services business. The three discussed:
- Details of the Transaction: Dwellworks acquired CORT’s U.S. destination services business, integrating it into its broader platform. This includes leveraging CORT’s extensive property database via ApartmentSearch.com, which is now embedded into Dwellworks’ MyDwellworks platform—enhancing assignee experiences and broadening access to local housing data.
- Why Now, and Why This Made Sense: Despite economic uncertainty, both leaders saw the deal as a strategic opportunity. CORT sought to refocus resources on core service areas while remaining involved in relocation through partnership. Dwellworks viewed the acquisition as a way to strengthen its destination services network, add experienced talent, and continue investing in technology and operational excellence.
- Impact on the Industry and Clients: The deal simplifies the supply chain for relocation management companies (RMCs), expands Dwellworks’ contractor network, and delivers a richer, more seamless customer experience. Both organizations see it as a “win-win-win” for clients, customers, and teams.
- Looking Ahead: CORT is navigating post-pandemic realities while identifying new growth opportunities. Dwellworks is preparing for eventual industry resurgence by continuing to invest in AI, global mobility support, and strategic partnerships. Both leaders emphasized a belief in collaboration and consolidation as key to long-term success.