M&A Deal Summary

MRI Software Acquires Realty DataTrust Corp

On December 21, 2011, MRI Software acquired marketing company Realty DataTrust Corp

Acquisition Highlights
  • This is MRI Software’s 1st transaction in the Marketing sector.
  • This is MRI Software’s 3rd transaction in the United States.
  • This is MRI Software’s 1st transaction in Arizona.

M&A Deal Summary

Date 2011-12-21
Target Realty DataTrust Corp
Sector Marketing
Buyer(s) MRI Software
Deal Type Add-on Acquisition

Target

Realty DataTrust Corp

Scottsdale, Arizona, United States
Realty DataTrust Corporation, doing business as VaultWare, provides consumer-focused apartment marketing and leasing solutions for the multifamily market.

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Buyer(S) 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 STATS #
Overall 3 of 45
Sector: Marketing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 42
State: Arizona M&A 1 of 1
Country: United States M&A 3 of 27
Year: 2011 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-01 Bostonpost Technology

Bedford, New Hampshire, United States

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. Its flagship product, Bostonpost Property Manager, enables real-time access to all property, tenant, compliance, financial, and maintenance information with an easy-to-use, SaaS application that supports all affordable housing programs, including HUD, USDA, DHCR, public housing programs and low income housing tax credits.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-03 Cougar Software Pty

Sydney, Australia

Cougar Software provides the only investment management solutions real estate investors need to forecast the profitability of their real estate portfolio.

Buy -