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MRI Software broadens capabilities with acquisition

MRI Software, a global provider of real estate software solutions, has acquired Orchard Information Systems, a specialist provider of software solutions for the UK social housing sector.

With locations in Newcastle, UK and Donegal, Ireland, Orchard provides social housing property management solutions and services to UK housing organisations and councils. As a result of the acquisition, Orchard clients can now benefit from MRI’s additional cloud software offerings, resident portal and component accounting capabilities to help manage and grow diverse portfolios. 

Commenting on the acquisition, Patrick Ghilani, Chief Executive Officer of MRI Software, said: “We are excited to welcome Orchard into the MRI family. By uniting Orchard’s expertise in social housing with MRI’s solutions for managing residential, build-to-rent, leasehold block management and mixed-use properties, we are now extremely well equipped to address the varying needs and evolving business models of the UK residential market with a comprehensive and flexible product portfolio. Together, MRI and Orchard provide important tools for our clients to positively impact their communities and support the increased need for social housing in the UK.”  

Pat Clarke, Chief Executive Officer of Orchard Information Systems, added: “As part of MRI Software, Orchard will gain access to additional resources, technology and expertise to further strengthen our support for UK social housing. The acquisition brings together two companies with a shared commitment to innovation and a strong alignment of culture and values, paving the way for us to better serve the changing needs of the UK social housing sector.”

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