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New Deal


Announced

Completed

TA Associates-backed MRI completed the acquisition of FSI.

Financials

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

Tags

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facilities management

Completed

Private

Acquisition

Majority

Cross Border

United Kingdom

Facilities Technology

Private Equity

Friendly

Single Bidder

Synopsis

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TA Associates-backed MRI, a provider of business management software solutions, completed the acquisition of FSI, a provider of enterprise-class facilities management software solutions. Financial terms were not disclosed. "Facilities management teams play a critical role in making sure offices are running safely and efficiently as people begin returning to workplaces around the globe. This latest acquisition significantly enhances our facilities management capabilities with a comprehensive, modern software solution that helps clients ensure their buildings and campuses are clean, properly equipped and well-maintained for their visitors and employees," Dermot Briody, MRI Senior Vice President and Executive Managing Director of EMEA and Occupier Solutions.

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