MRI Software Acquires RentPayment Business from Priority Technology Holdings

September 23, 2020

MRI Software has acquired the RentPayment business (RentPayment.com, StorageRentPayment.com and DuesPayment.com) from Priority Technology Holdings. Priority will continue to provide payment infrastructure and processing to the MRI platform; the deal brings a payments platform serving ~2,900 real-estate clients into MRI to scale and expand its global payments capability for residential, affordable and public housing markets.

Buyers
MRI Software
Targets
RentPayment (RentPayment.com, StorageRentPayment.com, DuesPayment.com)
Sellers
Priority Technology Holdings, Inc.
Location
Ohio, United States
Transaction Type
Divestiture

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