MRI Software
{{Short description|American technology company}}
{{Infobox company
| name = MRI Software, LLC
| logo = MRI Software logo.svg
| logo_size =
| type = Private
| industry = Software
Cloud computing
Professional Services
| products = * Property Management Software
- Real Estate Accounting Software
- Investment Management Software
| foundation = {{start date and age|1971}}
| num_employees = 3,000{{Citation needed|date=October 2024}}{{Year needed|date=October 2024}}
| location_city = Cleveland, Ohio
| location_country = USA
| homepage = {{URL|http://www.mrisoftware.com}}
}}
MRI Software, LLC is a provider of real estate and investment management software to real estate owners, investors, and operators. The company was founded in 1971 under the name Management Reports Incorporated and was later known as Management Reports International and, once acquired by Intuit in 2002, Intuit Real Estate Solutions (IRES). In 2009, the private equity firm based in San Francisco, Vista Equity Partners, acquired IRES and renamed the company MRI Software.{{cite news|last=Jarboe|first=Michelle|title=Private equity firm closes Intuit deal, renames real estate division MRI Software|url=http://www.cleveland.com/business/index.ssf/2010/01/private_equity_firm_closes_int.html|accessdate=14 April 2011|newspaper=Cleveland.com|date=2010-01-19}} In 2015, MRI Software was acquired by private equity firm GI Partners.{{cite news|title=GI Partners to Acquire MRI Software|url=http://www.prnewswire.com/news-releases/gi-partners-to-acquire-mri-software-300093574.html|newspaper=PR Newswire|date=3 June 2015|accessdate=3 June 2015}} In 2017, MRI received additional strategic investment from TA Associates.{{cite web|url=https://www.prnewswire.com/news-releases/mri-software-and-gi-partners-announce-strategic-partnership-with-ta-associates-300462193.html|title=MRI Software and GI Partners Announce Strategic Partnership with TA Associates|publisher=Capital Software Group|archiveurl=https://web.archive.org/web/20140508025053/http://www.jdidata.com/mri-management-software/|archivedate=8 May 2014|url-status=dead|accessdate=14 April 2011}} In 2020, Harvest Partners, LP, made a strategic investment in MRI, joining existing investors TA Associates and GI Partners.{{Cite web |last= |first= |date=15 January 2020 |title=MRI Receives Investment to Accelerate Innovation and Global Growth |url=https://finance.yahoo.com/news/mri-software-receives-investment-accelerate-113000583.html |archive-url=https://web.archive.org/web/20200115145648/https://finance.yahoo.com/news/mri-software-receives-investment-accelerate-113000583.html |archive-date=2020-01-15 |access-date= |website=Yahoo! Finance}}
MRI Software is headquartered in Solon, Ohio,{{cite web|title=MRI Software|url=http://www.vistaequitypartners.com/?q=company/mri-software|publisher=Vista Equity Partners|accessdate=14 April 2011}} with a total of ten offices in North America. The company has six offices in the EMEA region and four in APAC, including Hong Kong and Singapore.{{cite web|url=http://www.mrisoftware.com/contact|title=MRI Office Locations - Contact Us|accessdate=2013-09-17}} {{official website}}
Products
MRI Software offers property management and accounting software for multi-family residential and commercial property, retail, office, Strata and Body Corporate and corporate real estate applications.
- Automation in the areas of financial operations, budgeting, forecasting, facility management, general ledger, job costing, reporting, accounts payable;
- Strategic planning for investment analysis, portfolio analysis, fund and asset modeling;
- Commercial management, lease accounting, operations, financials, advanced retail and lease work flow;
- Compliance management for affordable housing, public housing, voucher management, waitlist management, asset management.{{Cite web|url=https://www.mrisoftware.com/|title=MRI Software Company Website}}