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Cleveland, OH January 22, 2010. Vista Equity Partners (Vista), a leading software- focused private equity firm, completed the acquisition of the Intuit Real Estate Solutions business (IRES) from Intuit Inc. IRES, a software provider of property management, accounting and investment management solutions to the global real estate industry, announced today that it is changing its name to MRI Software, effective immediately. MRI Software (MRI) will operate as a stand-alone company and will continue to be based in Cleveland, Ohio.
As IRES’ report writing tool, the ReportDesign™ module helps you tailor reports to your unique requirements. Collect, sort, view and analyze data from all applications in any combination. This intuitive design tool includes built-in pre-defined functions and variables specific to property and asset management, a distinct advantage over nonspecific solutions. You control the look and feel of every report through virtually limitless options. ReportDesign also performs fast, accurate calculations and offers drill-down capabilities to see the supporting details of the report.
"Report Design" is part of the Intuit Real Estate Solutions - MRI Commercial Property Management line of products, developed by Intuit.