RealPage continues growth with the purchase of Buildium

November 13, 2019
Share this Post: 

RealPage has agreed to purchase Buildium, a property management system, to continue its expansion.

Richardson-based RealPage is growing again with the purchase of a Boston firm.

RealPage plans to pay $580 million in cash for Buildium, a real estate property management systems firm.

Buildium’s accounting, business operations, leasing and benefits services are used by 17,000 customers in more than 50 countries. The company has about 2 million residential units under management.

Many of Buildium’s clients are smaller firms.

“The small and medium-size business market segment represents a tremendous growth opportunity for RealPage. This is an area where technology is underutilized, and currently served by myriad point products.

“Buildium in concert with RealPage enables us to reach deeper into that market, with a best-in-class platform backed by data science.”

— Steve Winn, CEO and Chairman of RealPage

Read more here

 

Read more

November 13, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Shutterstock 120120670
Zillow and CoStar Share Prices Shift on News of NAR Shock Settlement

The trajectories of real estate portals in the United States may be about to diverge as the National Association of...

Read More
Shutterstock 1454624438
U.S. Portal Operator OJO Labs Acquires The LEAD Syndicate

The U.S. PropTech operator OJO Labs has announced that it has acquired The LEAD Syndicate, a provider of teach solutions...

Read More
Onthemarket Employees
OnTheMarket PR Push Continues with Agent Signups and Roadshow

The UK's number three portal OnTheMarket (OTM) is definitely ramping up its PR in the early months of 2024 with...

Read More
Product Roundup 13March24
Product Roundup: FangDD, Yandex, Redfin, Realtor.com, Keyper, OneDome and MagicBricks

Another week, another big product roundup for portals and proptechs worldwide. Here's what we've spotted...   FangDD shares soar 80%...

Read More

Editor's Pick