Financial Advisor
RealPage, Inc.
M&A Advisory
Has Acquired
Boingo’s Multifamily Business
From
Transaction Details
- On May 27, 2021, RealPage, Inc. (“RealPage” or the “Company”) completed its acquisition of Boingo’s Multifamily Business, a leading provider of high-speed Wi-Fi and technology solutions to the student and multifamily housing market, from Boingo Wireless
- Acquisition supports RealPage’s suite of solutions benefiting owners and managers of various rental property types, including conventional, affordable, military, student, single-family, senior and vacation housing
- Further positions RealPage in the surging market for multifamily property bulk Wi-Fi services following the acquisition of WhiteSky Communications
- Stephens served as exclusive financial advisor to RealPage
About the company
RealPage provides a technology platform that enables real estate owners and managers to change how people experience and use rental space. Clients use the platform to gain transparency in asset performance, leverage data insights and monetize space to create incremental yields. Founded in 1998 and headquartered in Richardson, Texas, RealPage currently serves over 19 million units worldwide from offices in North America, Europe and Asia.
The Company was founded in 1998 with the acquisition of Rent Roll, Inc., a provider of industry-leading, on-premise property management systems for the conventional and affordable multifamily rental housing markets. Three years later, the Company released its first on-demand property management product and since then, expanded its on-demand software solutions to include a number of value-added services from property management to renter’s insurance and more.
Sources: Company materials.
-
This material has been prepared solely for informative purposes as of its stated date and is not a solicitation, or an offer, to buy or sell any security. It does not purport to be a complete description of the securities, markets or developments referred to in the material. Information included in the material was obtained from sources which we consider reliable, but we have not independently verified such information and do not guarantee that it is accurate or complete. No subsequent publication or distribution of this material shall mean or imply that any such information or opinion remains current at any time after the stated date of the material. We do not undertake to advise you of any changes in any such information or opinion. Additional information is available upon request.