Latest news with #Anacle
Yahoo
a day ago
- Business
- Yahoo
MRI Software Completes Acquisition of Anacle, a leading Singapore-based provider of Property and Facilities Management Solutions
Acquisition extends MRI's footprint in Asia; expands offerings for commercial real estate owners, operators, and tenants; drives scale with AI-powered innovations SYDNEY, June 10, 2025 /PRNewswire/ -- MRI Software, a global leader in real estate solutions and services, announced that it has completed its acquisition of Singapore-based Anacle Systems Limited, a pioneer in commercial property management, facilities, digital workplace, energy, and asset management solutions. The acquisition delivers expanded capabilities and scale for the commercial, occupier, and residential markets across Asia Pacific, including the public and private sectors. The deal was initially announced in March and the take-private transaction has been completed. A Game-Changer for APAC's PropTech Ecosystem "This acquisition marks a major milestone in our APAC growth journey," said David Bowie, Executive Managing Director, APAC, MRI Software. "By combining Anacle's deep expertise in property management, smart infrastructure, sustainability, and government-grade lifecycle asset management with MRI's open, AI-powered platform, we are unlocking new levels of innovation, compliance, and operational insight for our clients." The strategic collaboration deepens MRI's longstanding client relationships in Singapore and expands its presence across Asia via Anacle's trusted client base and solutions tailored for complex, regulated environments. At the same time, Anacle clients gain access to MRI's broader global ecosystem—spanning property management, document intelligence, leasing, and analytics capabilities. Complementary Strengths Delivering Immediate Client Value Anacle's products will be enhanced with MRI's broader real estate and energy technology offerings. Together, the combined portfolio delivers solutions across Asia-Pacific for all property sectors. "This is a powerful collaboration," said Alex Lau, CEO of Anacle. "MRI brings the operational scale, innovation roadmap, and trusted global presence that will empower us to accelerate our product vision and deliver even more benefits to our clients across Asia. We're proud to join an organization that shares our dedication to the industry and aligns with our core values." An Enhanced Regional Presence with Global Support Anacle's headquarters in Singapore and diverse customer base across Hong Kong, Japan, Malaysia, Taiwan, China and other Asian countries expand MRI's presence in the region, giving clients across Asia-Pacific access to more regional talent, increased investment and product localisation—all while maintaining continuity of service. Anacle will continue to support its clients without interruption. About MRI SoftwareMRI Software is a leading provider of real estate software and services that transform the way communities live, work and play. MRI's open and connected, AI-powered platform enables owners, operators, agents and occupiers in commercial and residential property organisations to innovate in rapidly changing markets. A trailblazer in the PropTech industry, MRI serves more than 45,000 organisations across 170 countries. Through innovative solutions and a rich partner ecosystem, MRI gives real estate companies the freedom to realise their vision of building thriving communities and stronger businesses. MRI became one of the first real estate software providers to serve Australia and New Zealand in 1995 and continues to grow its client and employee footprint throughout the APAC region. For more information, please visit Media Contact Amber KeoghCommunications Snr Manager, MRI Software View original content: SOURCE MRI Software
Yahoo
03-03-2025
- Business
- Yahoo
MRI Software Announces Proposal to Take Private of Singapore-based Anacle
Proposal will expand MRI's presence in the Asia-Pacific real estate technology market and create future growth opportunities SYDNEY, March 4, 2025 /PRNewswire/ -- MRI Software, a global leader in real estate solutions and services, announces its proposal to take private of Singapore-based Anacle ( a leading provider of digital workplace solutions, energy, facilities, property management, and real estate asset management solutions across Asia. "This acquisition delivers immediate value to the APAC real estate market and will enable Anacle to focus on future innovations for its property and energy management systems," said John Ensign, President of MRI Software. "MRI has served the APAC market for 30 years, and this transaction will expand our established footprint in the region, bolster our solution portfolio across Asia, and build on our existing foundation of successful client outcomes." Upon completion of the take-private transaction, Anacle will be delisted from the Hong Kong Stock Exchange, which is anticipated to reduce the burden of administrative and compliance requirements for the company. Anacle's clients will benefit from greater access to MRI's comprehensive suite of global real estate software solutions in the global markets. "Since 2006, Anacle has been at the forefront of smart building technology in Singapore," commented Alex Lau, CEO, Anacle. "With the support of MRI's extensive resources, services, and expertise, we anticipate that this transaction will bolster our long-term business development and drive scalability for our solutions in the APAC region." About MRI Software MRI Software is a global provider of real estate software applications and hosted solutions. MRI's purpose-built software helps address the unique operational challenges and financial accounting requirements facing commercial and residential property management operators, property sales and lettings agencies, real estate investment managers and facilities management companies. MRI serves more than 45,000 organisations across 170 countries. Founded in 1971, MRI is headquartered in Cleveland, Ohio with additional offices across the United States, United Kingdom, Canada, Australia, Hong Kong, Singapore, India and South Africa, as well as an extensive partner channel. For more information, please visit Media and Investor Contact Audrey NicollHead of APAC Marketing, MRI View original content: SOURCE MRI Software Sign in to access your portfolio
