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RealPage To Acquire Leasing Platform On-Site

GLOBEST.COM (August 3, 2017) – RealPage said Wednesday afternoon it had agreed to acquire leasing platform On-Site Manager Inc. for approximately $250 million in cash. The acquisition will expand RealPage’s leasing and marketing platform, among other things adding about 700,000 new units to the platform’s base.
“On-Site manages the entire leasing process from lead assimilation, to applicant screening, to the final generation of signed lease documents,” says Steve Winn, CEO of Richardson, TX-based RealPage. “The acquisition increases our screening footprint and adds incremental consumer-oriented data that will benefit our data analytic solutions.

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