Private Equity Portfolio
Real estate property management solutions primarily focused on the commercial real estate market.
MRI Software is a leading provider of real estate software applications and hosted solutions. MRI offers business management solutions to the global property management industry as well as to corporate real estate managers. These solutions automate real estate operations (accounting, rent collections, lease obligations, etc.), reporting, budgeting and forecasting, and portfolio management.
MRI serves over 6,000 worldwide customers in the top tier of commercial and residential real estate, including 9 of the top 10 global real estate service providers, as well as 44 of the top 50 managers in the National Multi-Housing Council.
The Company is headquartered in Cleveland, OH with offices worldwide.
Vista Equity Partners Fund III completed a buyout of Intuit’s Real Estate Solutions in January 2010 and rebranded the Company MRI Software.
GI Partners acquired MRI in June 2015 and remains an investor in the Company, alongside TA Associates. TA Associates made a strategic investment in MRI in May 2017.
Cougar Software provides investment management solutions that enable real estate investors to forecast the profitability of their real estate portfolio. With a focus on fund, debt, valuation, asset, and budget management, Cougar’s acclaimed solution supports an unlimited forecasting horizon, enabling customers to use their real estate data to help them make better decisions faster. Cougar counts among its customers several of the world’s leading property management and investment companies, pension plans, and REITs.
MRI acquired Cougar Software in February 2015.
VaultWare is a leading solution for consumer-focused apartment marketing and leasing for the multifamily market. The software helps property managers reach and communicate with apartment hunters online, pre-qualify prospects, and convert applicants into tenants.
MRI acquired VaultWare in December 2011.
Bostonpost is a leading software-as-a-service (SaaS) provider of affordable housing property management software designed to optimize compliance within the complex environment of funding programs and regulations, and to help property owners and managers reduce administrative overhead and costs associated with compliance.
MRI acquired Bostpost Technology in October 2011
Workspeed is the leading provider of real estate management software solutions designed to optimize operations and to promote sustainability. The patented Workspeed solution enables property owners and managers, building staff, facility professionals, vendors, and tenants to collaborate efficiently on a single, flexible, and intuitive rule-based platform. Over 250,000 users in over 500 million square feet of commercial and residential properties leverage Workspeed’s wide range of solutions.
MRI acquired Workspeed in June 2011.