Exclusive: MRI Software’s Private Equity Owners Eye $10 Billion Sale or IPO, Sources Say

The private equity owners of MRI Software are exploring strategic options that could value the property management software company at around $10 billion, including a potential sale or an initial public offering (IPO), according to sources familiar with the discussions.

MRI Software, headquartered in Ohio, provides real estate and property management solutions to landlords, investors, and housing authorities worldwide. Its platform, widely used across commercial and residential sectors, has gained significant traction as demand for cloud-based property technology continues to grow.

Sources said the company’s owners are in talks with financial advisors to evaluate possible exit strategies. While no final decision has been made, both a full sale to another investment group or technology giant, and a public listing, remain on the table.

A deal at the targeted valuation would rank among the largest transactions in the real estate technology sector in recent years, underscoring investor appetite for software firms with recurring revenue models.

MRI Software declined to comment on the reports.