RealPage completes its acquisition of Buildium.
Leading global provider of software and data analytics to the property industry, RealPage, Inc., has recently announced it has completed its acquisition of Buildium®, a SaaS property management solution provider with 2 million units under management in the SMB market sector.
Steve Winn, CEO and Chairman of RealPage, said:
“The SMB 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 50 million-unit market, with a best-in-class platform backed by data science.”
Chris Litster, CEO, Buildium, stated:
"Our team is thrilled to immediately hit the ground running, with particular emphasis on quickly integrating RealPage capabilities into the Buildium platform and rapidly expanding the value that we offer to our customers. We are also excited to execute on our shared vision of investing in Buildium’s operations and leveraging Boston-area talent to help us scale an enhanced SMB platform across the real estate industry."
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 18 million units worldwide from offices in North America, Europe and Asia.
SOURCE RealPage, Inc.
Edited by V. Haviland
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