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MAINZ, Germany–(BUSINESS WIRE)–Yardi Systems announced today that it has acquired Mainz-based iMS Immobilien Management Systeme GmbH, a German developer of commercial property management software.

Yardi acquires iMS, a German developer of commercial property management software.

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Yardi and iMS will continue to support iMS’ clients from its Mainz office, which will become Yardi’s new head office for Germany. “Partnering with the global market leader for real estate software creates a sustainable, long-term strategy for our clients and team,” said Klaus Grüning, managing director of iMS. “Our customers will gain new options in cloud and mobile computing. In addition to our existing focus on commercial property management, we will be able to serve the residential, senior and student housing markets.”

Gordon Morrell, executive vice president of Yardi, added, “We chose iMS based on its long-term success and satisfied clients in the real estate software market. We look forward to adding support for additional German market needs to our global platform, Yardi Voyager, and working with iMS to grow our market share in Germany.”

About Yardi

Now in its fourth decade, Yardi® is committed to real estate software development and support. Yardi Voyager® is a complete investment and property management platform with the Yardi Residential Suite™, Yardi Commercial Suite™, Yardi Investment Suite™ and Yardi Orion® Business Intelligence. It includes operations, accounting and services with portfolio-wide business intelligence and platform-wide mobility. Yardi’s 4,800 employees serve 5,000 real estate clients worldwide from offices in Europe, Australia, Asia, the Middle East and North America. Please visit www.yardi.com/de for details.

About iMS Immobilien-Management-Systeme GmbH

iMS Immobilien-Management-Systeme GmbH of Mainz develops and supports software solutions for commercial property management. More than 60 major, international real estate companies use iMS software to manage shopping malls, offices, industrial parks and mixed-use residential/business properties. The core platform spans lease management, billing and recoveries; add-on modules support construction management and commercial real estate operations. The Bell Real Estate Software Report recognized iMS as the best software solution for commercial property management in 2015, 2014, 2013 and 2012. For more information, please visit www.ims-mainz.de.