RealPage Inc.

:RP   4:00:00 PM EDT
+0.07 (+0.08%)
0:00:00 AM EDT: $88.72 0.00 (0.00%)
Other Pre-Announcement, Mergers / Acquisitions

RealPage Says Co To Be Acquired By Thoma Bravo

Published: 12/21/2020 10:12 GMT
(RP) - Realpage to Be Acquired by Thoma Bravo.
Realpage Stockholders to Receive $88.75 per Share in Cash.
Purchase Price Represents a Premium of 30.8% Over Realpage's Closing Stock Price of $67.83 on December 18, 2020.
Realpage Board of Directors Has Unanimously Approved Agreement With Thoma Bravo.
Definitive Agreement to Be Acquired by Thoma Bravo, in an All-cash Transaction That Values Co at About $10.2 Billion, Including Net Debt.
Upon Completion of Deal, Co Expects to Continue Operating Under Leadership of Chairman and CEO Steve Winn.
Upon Completion of Transaction, Realpage Will Become a Privately Held Company.
Parties Expect Transaction to Close in Q2 of 2021.