RealPage, Inc. Announces Public Offering of Its Common Stock

RealPage, Inc. has announced that it has filed a registration statement with the U.S. Securities and Exchange Commission relating to a public offering of 9 million shares of its common stock, of which 4 million are being offered by the Company and 5 million are being offered by selling stockholders.

In addition, certain selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,350,000 shares of common stock to cover over-allotments, if any. RealPage will not receive any of the proceeds from the sale of shares by the selling stockholders. The offering price of the shares of common stock sold will be determined by negotiations between the Company, the selling stockholders and the underwriters.

Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc. are serving as joint book-running managers for the offering, with William Blair & Company, L.L.C., RBC Capital Markets, LLC, JMP Securities LLC, Pacific Crest Securities LLC, Wells Fargo Securities, LLC and Lazard Capital Markets LLC acting as co-managers.