Real estate technology MRI Software has acquired AMTdirect, a provider of lease administration and lease accounting services, from Luminate Capital Partners.
“Today’s businesses require technology to adapt to the changing nature of work,” says Patrick Ghilani, CEO of MRI Software. “Commercial tenants must efficiently manage their space to provide a safe, flexible experience for employees, while also strategically managing their leases to maintain compliance with new lease accounting standards.”
“AMTdirect has experienced considerable growth as a result of their ability to provide solutions to manage lease portfolios while ensuring compliance with accounting standards,” adds Hollie Haynes, managing partner at Luminate.