initial public offerings (IPOs) trading on American exchanges

Thursday, August 12, 2010

RealPage (RP) started trading on the NASDAQ

  • acquired by Thoma Bravo for $88.75/share (12/20)



RealPage, Inc. is a provider of on demand software solutions for the rental housing industry. Its platform includes property management systems and five families of software-enabled services. Its software-enabled services provide complementary sales and marketing, asset optimization, risk mitigation, billing and utility management and spend management capabilities. Its property management systems and software-enabled services include multiple product centers that provide capabilities and can be licensed separately or as a bundled package.

Its platform also includes a set of shared cloud services, including reporting, payment, document management and training functionality that are common to all of its product families. During the year ended December 31, 2010, it acquired the assets of Domin-8 Enterprise Solutions, Inc.; acquired 100% of the outstanding stock of eReal Estate Integration, Inc., and acquired all of the assets of Level One, LLC and L1 Technology, LLC.

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