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MRI Software Has Acquired Cougar Software

About Cougar Software

  • Serving clients in 27 countries, Cougar Software is a leading provider of investment management solutions for real estate investors, with a focus on fund, debt, valuation, asset and budget management
  • Cougar’s solution supports an unlimited forecasting horizon, enabling customers to use their real estate data to help them make better decisions, faster
  • Founded in 1992 in Sydney and headquartered in Toronto, Cougar has offices in Australia, Canada, the U.K. and U.S.

About MRI Software

  • MRI Software is a leader in business management software solutions to the property management and investment industries as well as to corporate real estate managers
  • As a leading provider of real estate enterprise software applications and hosted solutions, MRI serves the multifamily, commercial and investment advisor industries, helping them improve their bottom line and maximize their returns on their diverse business portfolios
  • MRI Software was founded in 1971 and is headquartered in Cleveland
  • MRI Software is a portfolio company of Vista Equity Partners, a leading private equity firm focused on investing in software and technology-enabled businesses
With real estate investment, expansion and consolidation continuing to thrive in the marketplace, MRI Software is now poised to deliver real flexibility for investors, from modular solutions to a comprehensive end-to-end solution. We are fully committed to the Cougar Software products, people, clients and offices, and are eager to share with our clients a combined solution suite that will be unprecedented in the marketplace.

Patrick Ghilani

CEO, MRI Software

Transaction Notes

  • MRI Software’s acquisition of Cougar Software was announced on February 3, 2015; financial terms were not disclosed
  • As part of an ongoing mandate to source, evaluate and execute buy-side M&A opportunities in real estate software, Shea & Company acted as the exclusive advisor to MRI and their owner Vista Equity Partners on the transaction
Read The Press Release