Investment Summary

BID Equity Advisory Exits eSight Energy

On November 2, 2021, MRI Software invested in software company eSight Energy from BID Equity Advisory

Investment Highlights
  • This is MRI Software’s 22nd transaction in the Software sector.
  • This is MRI Software’s 7th transaction in the United Kingdom.

Investment Summary

Date 2021-11-02
Target eSight Energy
Sector Software
Investor(s) MRI Software
Sellers(s) BID Equity Advisory
Deal Type Add-on Acquisition

Target

eSight Energy

Cambridge, United Kingdom
eSight Energy Ltd. is a developer and supplier of energy management software. eSight enables organizations to centralize and analyze all types of data affecting the energy efficiency of their buildings and equipment regardless of the data’s source, system, or format. eSight Energy was founded in 1998 and is based in Cambridge, United Kingdom.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

MRI Software

Solon, Ohio, United States

Category Company
Founded 1971
Sector Software
Employees340
DESCRIPTION

MRI Software is a provider of real estate software applications and hosted solutions. MRI’s comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets. MRI develops lasting client relationships based on nearly five decades of expertise and insight. MRI Software was founded in 1971 and is based in Solon, Ohio.


DEAL STATS #
Overall 39 of 45
Sector: Software M&A 22 of 24
Type: Add-on Acquisition M&A Deals 36 of 42
Country: United Kingdom M&A 7 of 8
Year: 2021 M&A 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-13 Box+Dice

St Leonards, Australia

Box+Dice is a customer relationship management (CRM) solution provider. The Company provides clear and actionable metrics to improve performance and monitor your business. Box+Dice was founded in 2005 and is based in St Leonards, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-13 LeaseEagle

Cremorne, Australia

LeaseEagle is a provider of lease management software for tenants across the corporate, retail, and healthcare industries. The Company delivers advanced software solutions designed to help commercial tenants effectively manage lease commitments across multiple real estate assets. LeaseEagle was founded in 2005 and is based in Cremorne, Australia.

Buy -

Seller(S) 1

DESCRIPTION

BID Equity is a private equity firm focused on acquisitions of technology and software companies. The Firm targets small to mid-sized opportunities in German-speaking Europe and has a preference for roll-up situations. BID Equity is based in Hamburg.


DEAL STATS #
Overall 3 of 3
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-30 myneva

Essen, Germany

myneva is an European software providers for the social care sector. myneva helps to digitize workflows and supports the increasing convergence of client needs across the elderly, disabled, social and youth care segments. myneva was founded in 2017 and is based in Hamburg, Germany.

Sell -