MRI Software, LLC is a provider of real estate and investment management software to real estate owners, investors, and operators. The company was founded in 1971 under the name Management Reports Incorporated and was later known as Management Reports International and, once acquired by Intuit in 2002, Intuit Real Estate Solutions (IRES). In 2009, the private equity firm based in San Francisco, Vista Equity Partners, acquired IRES and renamed the company MRI Software.[1] In 2015, MRI Software was acquired by private equity firm GI Partners.[2] In 2017, MRI received additional strategic investment from TA Associates.[3] In 2020, Harvest Partners, LP, made a strategic investment in MRI, joining existing investors TA Associates and GI Partners.[4]
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| Company type | Private |
|---|---|
| Industry | Software Cloud computing Professional Services |
| Founded | 1971 |
| Headquarters | Cleveland, Ohio , USA |
| Products |
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Number of employees | 3,000[citation needed][year needed] |
| Website | www |
MRI Software is headquartered in Solon, Ohio,[5] with a total of ten offices in North America. The company has six offices in the EMEA region and four in APAC, including Hong Kong and Singapore.[6]
Products
editMRI Software offers property management and accounting software for multi-family residential and commercial property, retail, office, Strata and Body Corporate and corporate real estate applications.
- Automation in the areas of financial operations, budgeting, forecasting, facility management, general ledger, job costing, reporting, accounts payable;
- Strategic planning for investment analysis, portfolio analysis, fund and asset modeling;
- Commercial management, lease accounting, operations, financials, advanced retail and lease work flow;
- Compliance management for affordable housing, public housing, voucher management, waitlist management, asset management.[7]
References
edit- ^ Jarboe, Michelle (2010-01-19). "Private equity firm closes Intuit deal, renames real estate division MRI Software". Cleveland.com. Retrieved 14 April 2011.
- ^ "GI Partners to Acquire MRI Software". PR Newswire. 3 June 2015. Retrieved 3 June 2015.
- ^ "MRI Software and GI Partners Announce Strategic Partnership with TA Associates". Capital Software Group. Archived from the original on 8 May 2014. Retrieved 14 April 2011.
- ^ "MRI Receives Investment to Accelerate Innovation and Global Growth". Yahoo! Finance. 15 January 2020. Archived from the original on 2020-01-15.
- ^ "MRI Software". Vista Equity Partners. Retrieved 14 April 2011.
- ^ "MRI Office Locations - Contact Us". Retrieved 2013-09-17. Official website
- ^ "MRI Software Company Website".