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Article: Yardi Bolsters Integrated Utility Billing Offering by Acquiring Energy Billing Systems, Inc.
- Article from:
- Mergers & Acquisitions Business
- Article date:
- November 11, 2009
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Yardi Systems, a leading developer of real estate investment and property management software, has announced its acquisition of Energy Billing Systems, Inc. (EBS), which provides utility management services to the multifamily housing industry. The deal will enable Yardi to provide billing and metering services as part of Yardi Utility Billing™, the company's newly developed, fully integrated utility billing solution for its multifamily clients using Yardi Voyager™.
The acquisition of EBS means that Yardi Utility Billing will be able to offer both submeter calculations and ratio utility billing system (RUBS) calculations. Located in Colorado Springs, ...