Add-on Acquisition • Information Technology

MRI Software Acquires Housing Partners

On August 5, 2020, MRI Software acquired information technology company Housing Partners

Acquisition Context
  • This is MRI Software’s 3rd transaction in the Information Technology sector.
  • This is MRI Software’s 6th transaction in the United Kingdom.

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M&A Deal Summary

Date August 5, 2020
Target Housing Partners
Sector Information Technology
Buyer(s) MRI Software
Deal Type Add-on Acquisition

Target Company

Housing Partners

Worcester, United Kingdom
Housing Partners is a specialist technology provider for the social housing sector. Housing Partners was founded in 1990 and is based in Worcester, United Kingdom.
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Buyer Overview 1

Buyer

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 Context for Buyer #
Overall 29 of 45
Sector: Information Technology 3 of 5
Type: Add-on Acquisition 29 of 42
Country: United Kingdom 6 of 8
Year: 2020 4 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-15 Castleton Technology

Sutton Coldfield, United Kingdom

Castleton Technology Plc is a provider of complementary software and managed services to the public and not-for-profit sectors. Castleton works in partnership with its customers and resellers to help drive efficiencies whilst improving controls and customer service. Castleton Technology was founded in 1997 and is based in Sutton Coldfield, the United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-06 MacMunnis

Chicago, Illinois, United States

MacMunnis, Inc. is a provider of lease administration software solutions to enterprise businesses managing complex lease portfolios. MacMunnis was founded in 1992 and is based in Chicago, Illinois.

Buy -