The private equity owners of MRI Software—TA Associates, Harvest Partners, and GI Partners—are exploring a sale or IPO valued up to $10 billion, with Goldman Sachs advising on the process following inbound acquisition interest. MRI, a real estate software firm based in Ohio, generates nearly $1 billion in annual revenue and about $400 million in EBITDA, maintaining a 10% yearly growth rate with over half its revenue from international markets. A deal at this valuation would deliver significant returns for investors, with GI Partners and TA Associates expected to earn roughly 9 times and 7 times their investments, respectively, amid renewed M&A activity in the application software sector.

Private Equity Owners of MRI Software Target Sale or IPO at $10 Billion Valuation, Sources Say