Announced
Completed
Financials
Tags
Single Bidder
Majority
Friendly
Acquisition
Domestic
United States
Completed
Private
FinTech
lease accounting
Private Equity
Synopsis
MRI Software, a provider of real estate technology, completed the acquisition of AMTdirect, a provider of lease accounting, lease administration, and facilities management software, from Luminate Capital Partners, a private equity firm investing in growth software companies. Financial terms were not disclosed. "Over the last few years, the Luminate team has partnered with AMTdirect to deliver cloud-based solutions to leading corporations and retailers. We've been able to build the organization and products that now support lease administration, lease accounting, and facilities management for hundreds of enterprise customers," Jeff Ralyea, AMTdirect Chief Executive Officer.
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