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New Deal


Announced

Completed

MRI Software completed the acquisition of Priority’s RentPayment business for $180m.

Financials

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Transaction Value£133m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Majority

e-retailing

Private

United States

procurement solutions

Acquisition

Completed

E-commerce

Domestic

Single Bidder

Private Equity

Synopsis

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MRI Software, a real estate software solutions provider, completed the acquisition of Priority Technology Holdings’s RentPayment business for $180m. “I am thrilled to welcome the pioneering RentPayment solution and team, which bring more than two decades of deep payments expertise and success to the MRI family. This acquisition will significantly scale and advance our global payments offering, allowing our MRI Living clients in the residential, affordable, and public housing sectors to benefit from broader payment options and channels. RentPayment will be the go-forward brand in all our global regions and submarkets," Patrick Ghilani, MRI Software CEO.

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