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Year of Investment: 2010
Portfolio Status: Former
Headquarters: Cleveland, OH
mrisoftware.com

MRI Software

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.