Yardi Systems Comments on Proposed Plan to Support WeWork in Its Emergence From Bankruptcy

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Yardi Systems, Inc. (“Yardi”, “we” or “us”) today commented on the proposed plan of reorganization for WeWork, Inc. (“WeWork” or the “Company”). Under the proposed plan – which is subject to approval by WeWork creditors – Yardi’s wholly owned subsidiary Cupar Grimmond, LLC (“Cupar Grimmond”) would become a majority shareholder of WeWork following the Company’s successful emergence from the Chapter 11 restructuring process. Existing significant investors a