MRI Software completes acquisition of Castleton Technology Plc

Mergers & Acquisitions | South East | Technology

Succession Group

MRI Software, a global firm focusing on real estate software solutions, has completed its acquisition of Castleton Technology Plc, a provider of specialist software and services for the social housing sector, after receiving shareholder approval.

MRI’s acquisition of Castleton, along with that of Orchard Information Systems in March, extends its offering in the social housing market in the UK, Ireland, and Australia. The combination boosts MRI’s ability to empower social housing providers to adopt digital innovations and customer-centric technologies, while accelerating the development of cloud-based solutions for the sector.

“The acquisition of Castleton is an important step in our drive to deliver greater scale and broaden our offering in the UK housing sector,” said Patrick Ghilani, Chief Executive Officer of MRI Software. “The combination of Castleton and Orchard also extends our comprehensive residential market proposition, MRI Living, and brings together invaluable industry experience and expertise to drive further innovation and accelerate the delivery of new advancements to social/affordable housing operators and residential property managers in multiple regions across the globe.”

Social housing providers in the UK, Ireland and Australia employ Castleton’s solutions to enhance customer service and business management – from building repairs and document management to customer relationship management and payment collection.

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