Onit Announces Office Move to Accommodate Accelerated Growth


New Facility Reinforces Innovative Culture and Commitment to Proving Industry-Leading Technology

HOUSTON, Oct. 30, 2018 (GLOBE NEWSWIRE) -- Onit, Inc. a leading provider of enterprise legal management, contract management and business process automation solutions, is excited to announce a major office move to larger facilities in Houston. Onit will be moving from its current location at 601 Sawyer in the Heights area to the 22nd floor of 1360 Post Oak Blvd in the Houston Uptown area.

The new office space is approximately 21,000 square feet, which makes it nearly three times larger than the previous office and will house more than 120 employees. The new facility will provide Onit staff with much-needed space to accommodate its astronomical growth.

“We are excited to relocate to our new, larger office in the Galleria,” commented Eric M. Elfman, CEO and founder. “This move represents another significant milestone for our fast-growing software company. The new office space better accommodates our growing team and enables us to hire additional talent to continue to provide industry-leading support and service to our global clients. The additional space will also help drive innovation and provide the opportunity for further expansion into additional markets, product lines and services.”

The new space reflects the innovative culture of Onit and strives to make it a great place to work. The facility features technology-enabled conference rooms and stations where teams can collaborate on solutions with colleagues, customers, partners and offsite employees.

Onit made the Inc. 5000 list of fastest-growing private companies for the past several years, including 2017. In addition, Onit’s CEO Eric M. Elfman was recently a finalist for the Ernst & Young Entrepreneur of the Year and Onit’s CFO York Richards was named a finalist for CFO of the Year by the Houston Business Journal.

About Uptown Houston
With 28 million square feet of commercial office space, Uptown Houston is one of the nation’s largest business districts. Headquarters to some of the most prominent energy, financial, real estate and professional services companies in the world, Uptown Houston is an address that defines success. Companies seek out the area for its Class A office space, beautiful environment and broad range of business amenities. Uptown is an urban community of exceptional beauty, sophistication, style and international prominence in the heart of Houston. It is defined by its unique blend of prestigious business and residential addresses, with the best in shopping, hotels, dining and entertainment.

About Onit
Onit is a leading provider of Enterprise Legal Management (ELM) solutions for the 21st century. Brought to you by the same team that created Spend Management a generation ago, Onit is transforming the way legal departments drive operational and process improvements. By focusing on process, Onit’s solutions help customers drive tremendous gains in efficiency, accelerate transaction velocity and reduce costs. For more information, visit www.onit.com or contact 1-800-281-1330.