MRI Software Acquires Loci Solutions

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• MRI Software Acquires Loci Solutions

17 July 2023

MRI Software has acquired an Australian property technology consulting and outsourced managed services company, Loci Solutions Group Pty Limited.

Loci Solutions serves the commercial, industrial, and retail property markets across Asia Pacific and is well-known as an MRI Certified Partner specialising in the implementation of property management systems. It also provides outsourced accounting and lease administration services, as well as concierge support.

Loci Co-Founder Nikki Steadman has now been appointed as Head of MRI Commercial Professional Services and Support, Asia Pacific. Nikki said: “We've felt like an extension of the MRI family for the last 15 years, and it's an honour to be formalising our relationship. Creating a united team like this allows an even more integrated approach for our commercial clients. I am really excited about the depth and breadth of service and product we're able to offer together. It's my privilege to now lead the unified team as we work from beginning to end in a client's journey and success."

David Bowie, Senior Vice President and Managing Director for MRI Software in Asia Pacific added: "I'm excited to officially welcome Nikki, Gwen, and the rest of the Loci team to MRI. This acquisition strengthens our MRI Work capabilities and enables us to scale and better support our commercial clients in their business growth. We're particularly excited to add Loci's outsourced lease administration services to our portfolio, helping clients automate manual tasks, reduce costs, and accelerate time to value."

"Loci has been one of our key partners for over 15 years, serving as our primary implementation partner for Property Management X (PMX) in APAC for most of this time. As we integrate Loci's capabilities into our solution suite, our clients will have a more consistent experience and further benefit from our combined PropTech expertise.”

Picture: a photograph of Nikki Steadman. Image Credit: MRI

Article written by Ella Tansley | Published 17 July 2023

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