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New Deal


Announced

Completed

MRI Software completed the acquisition of Angus Systems.

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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Software

Completed

Single Bidder

Friendly

Cross Border

Majority

Acquisition

Private

accounts management software

Canada

Synopsis

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MRI Software, a provider of business management software solutions, completed the acquisition of Angus Systems, a provider of enterprise-class building operations management software for commercial real estate owners and operators. Financial terms were not disclosed. "The employee, tenant and resident experience is central to our desire to make the world a better place to live, work and play. Angus Anywhere, with its leading work order management and mobility capabilities, adds to our FM solutions suite to allow our clients to run more efficient buildings, provide people with better on-site experiences, and ensure a more sustainable future," Saurabh Abhyankar, MRI Chief Product Officer.

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