18 January 2022
Melbourne-based lease management software business, LeaseEagle, has been acquired by US-based real estate software giant, MRI Software (MRI) for an undisclosed sum.
Coghlan Duffy + Co, led by Director, John Coghlan, with support from Lawyers, Marcus Triado and Aly Lim, were delighted to act for LeaseEagle on this transaction.
MRI was represented by its Australian counsel, Corrs Chambers Westgarth, led by Partner, Andrew Hewson, and Associate, April Wong.
The acquisition will complement MRI’s existing set of real estate software applications and platforms.
For more information about this transaction, please refer to the MRI press release and the article in PropTech Now.
About LeaseEagle
LeaseEagle provides its clients with a suite of cloud-based software solutions to manage leases across multiple real estate assets. Led by its Co-Founder and CEO, Lee Trevena, LeaseEagle has enjoyed impressive growth since it was founded in 2005 and now has over 185 clients managing 50,000+ locations across Australia, New Zealand and South Africa. LeaseEagle counts the likes of Specsavers, Priceline, CottonOn, JB Hi-Fi and 7-Eleven as its valued clients. For more information, please visit LeaseEagle’s website here.
About MRI
MRI is a leading US-based real estate software company with significant global presence. Founded in 1971, MRI now services more than 17,000 clients and has offices in the Unites States, Canada, Australia, the United Kingdom, Singapore, Hong Kong and South Africa. For more information, please visit MRI’s website here.
For further information, contact:
John Coghlan | Director
E: jcoghlan@cdandco.com.au
Coghlan Duffy + Co is a boutique corporate and commercial law firm based in Melbourne. The firm is proud to work with an enviable list of clients, including prominent Australian start-ups and ASX-listed companies.
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