Announced
Completed
Financials
Tags
Private
Completed
United Kingdom
Single Bidder
energy management software
Software
Acquisition
Cross Border
Majority
Friendly
Synopsis
MRI Software, a real estate software, completed the acquisition of eSight Energy Group, a UK-based software development company that empowers property owners, operators and occupiers worldwide to better manage their energy consumption and environmental footprint, from BID Equity, a private equity firm. Financial terms were not disclosed. "As a global leader in real estate software solutions, MRI furthers our reach and ability to help organisations worldwide boost their energy performance and environmental impact. From retail stores to universities to office blocks, today's buildings are powered by a multitude of energy sources that produce large amounts of data from various systems, sensors and monitors. Combining eSight's ability to tap into that data with MRI's facilities management capabilities enables more organisations, whether large or small, to track energy consumption, identify issues and quickly resolve them," Janie Jefferies-Freer, eSight CEO.
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