RealPage Acquires Vigilan for $5M

RealPage, Inc.

today announced the acquisition of substantially all of the operating assets of Vigilan, Incorporated for approximately $5.0 million. A provider of assisted living software-as-a-service, Vigilan products allow assisted living communities to monitor and schedule detailed care, manage labor costs, provide accurate billing as well as compliance tools through its comprehensive 50-state compliance module. Founded in February 2003, Vigilan is based in Wilsonville, Oregon. Vigilan serves approximately 340 senior living communities contributing to RealPage's senior living customer base. Vigilan is expected to exit 2011 with an annual on demand revenue run-rate of $2.3 million.