Market Overview

RealPage, Inc. Announces Secondary Public Offering of Common Stock

RealPage (NASDAQ: RP) today announced the sale of 4,000,000 shares of its common stock by certain of its existing stockholders, Apax Excelsior VI, L.P. and affiliated entities, in a public offering. The underwriter will have a 30-day option from the date of the offering to purchase up to an additional 600,000 shares from the selling stockholders. RealPage is not selling any shares of common stock in the offering and will receive no proceeds from the sale. The secondary offering will not result in dilution of shares currently outstanding.

Credit Suisse Securities (USA) LLC is acting as sole book-running manager for the offering.

RealPage has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the Company has filed with the SEC for more complete information about the Company and this offering. You

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Posted-In: News Asset Sales

 

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