MRI Software Announces Acquisition of VaultWare

MRI Software LLC announced today that it has acquired Realty DataTrust Corporation, the holding company for VaultWare. This acquisition will now expand MRI’s portfolio to include a best-of-breed solution in online leasing to go along with their market-leading offerings in property management and accounting software. This acquisition will allow for a more end-to-end solution in the rental prospect.

The new, combined entity will provide both MRI and VaultWare customers with many advantages such as: complete, fully automated lease management solution that will be tightly integrated into MRI’s residential property management software and accounting systems, world-class client support and professional services capabilities, award-winning SaaS (Software-as-a-Service) environment, and the additional product investments possible with a larger organization.  As a part of a leading software provider, VaultWare’s clients will now be able to take advantage of an expanded set of software products and related services.

“I am thrilled to welcome VaultWare and its valued customers to the MRI Software family,” said David Post, Chief Executive Officer of MRI Software.  “This acquisition will extend and strengthen our multifamily product line and will allow MRI to provide the strongest tenant lifecycle management solution on the market.”

To learn more about VaultWare, visit: www.vaultware.com or to learn more about MRI Software, visit: www.mrisoftware.com. The full press release covering this acquisition can be found here.