MRI Software, a Solon, OH-based provider of real estate software solutions, acquired Orchard Information Systems, a provider of software solutions for the UK social housing sector.
The amount of the deal was not disclosed.
The acquisition adds to MRI’s offering for the UK residential market and provides innovation and scale to extend the reach of Orchard’s solutions to the social housing sector.
Led by Pat Clarke, Chief Executive Officer, Orchard is a provider of social housing property management solutions and services to UK housing organisations and councils from Newcastle, UK and Donegal, Ireland.
As a result of the acquisition, Orchard clients can now benefit from MRI’s additional cloud software offerings, resident portal and component accounting capabilities to help manage and grow diverse portfolios.
Led by Patrick Ghilani, Chief Executive Officer, MRI Software is a provider of innovative real estate software applications and hosted solutions from property-level management and accounting to investment modelling and analytics for the global commercial and residential markets.