Real estate software solutions company MRI Software has acquired LEVERTON and ProLease.
MRI Software’s first acquisition, LEVERTON, is an AI-powered data extraction service for real estate and corporate documents.
The second, ProLease, provides lease administration, lease accounting, leases analysis and workplace management applications.
Commenting on the acquisition of LEVERTON, Patrick Ghilani, MRI’s chief executive, said: “Going forward, we will incorporate AI-driven ‘LEVERTON intelligence’ into the very fabric of MRI’s DNA, enhancing our singular customer experience by enabling clients throughout the world to tap into data across the MRI ecosystem.”
Chuck McDowell, MRI’s senior vice president of commercial and financial solutions, said: “ProLease perfectly complements and enhances our strengths and capabilities within our financial and accounting solutions. This easy-to-use solution is designed for accountants by accountants, and it further enhances MRI’s ability to provide a broad range of organisations with the financial tools to meet the new lease accounting standards.”
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