MRI Software completed the acquisition of Orchard Information Systems.

MRI Software, a provider of real estate software solutions, completed the acquisition of Orchard Information Systems, a specialist provider of software solutions for the UK social housing sector. Financial terms were not disclosed. "We are excited to welcome Orchard into the MRI family. By uniting Orchard's expertise in social housing with MRI's solutions for managing residential, build-to-rent, leasehold block management and mixed-use properties, we are now extremely well equipped to address the varying needs and evolving business models of the UK residential market with a comprehensive and flexible product portfolio. Together, MRI and Orchard provide important tools for our clients to positively impact their communities and support the increased need for social housing in the UK," Patrick Ghilani, MRI Software CEO.