(April 29, 2010) — RealPage, Inc. today announced that it has filed a registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock. The number of shares to be offered and the price range for the offering have not been determined.
Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc. will serve as joint book-runners for the offering, with William Blair & Company, L.L.C., RBC Capital Markets Corporation, JMP Securities LLC, and Pacific Crest Securities LLC acting as co-managers. A preliminary prospectus for the offering, when available, may be obtained from Credit Suisse Securities (USA) LLC at One Madison Avenue, Attention: Prospectus Department, New York, New York, 10010, phone number (800) 221-1037, or Deutsche Bank Securities Inc. at 100 Plaza One, Attention: Prospectus Department, Jersey City, NJ 07311, phone number (800) 503-4611.
A registration statement related to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor may there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Located in Carrollton, Texas, RealPage, Inc. is a leading provider of on-demand property management solutions that enable owners and managers of single-family and a wide variety of multi-family rental property types to manage their marketing, pricing, screening, leasing, accounting, purchasing and other property operations.
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