MRI Software

About

MRI Software, LLC, founded in 1971 as Management Reports Incorporated, is a prominent provider of real estate and investment management software. The company's product portfolio includes MRI Residential Management, a property management software designed to simplify operations, improve tenant satisfaction, and maximize revenue for residential property professionals, offering a flexible and adaptable platform. It also encompasses solutions for commercial management. Over its history, the company underwent several name changes, becoming Management Reports International and then Intuit Real Estate Solutions (IRES) after being acquired by Intuit in 2002. In 2009, Vista Equity Partners acquired IRES and rebranded it as MRI Software. Since then, it has seen further strategic investments and acquisitions by private equity firms, including GI Partners (2015), TA Associates (2017), and Harvest Partners, LP (2020), making it a privately held entity backed by multiple investment firms. While specific revenue and employee figures are not provided, its long history and continuous private equity backing underscore its significant presence in the software, cloud computing, and professional services industries. MRI Residential Management has a 4.1 rating based on 27 reviews and offers a free trial.