RealPage, Inc., a leading global provider of software and data analytics to the real estate industry, announced it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sector, in an all-cash transaction that values RealPage at approximately $10.2 billion, including net debt. Thoma Bravo is paying $88.75 per share for RealPage, the report said, adding that RealPage would be its biggest acquisition to date. Chicago-headquartered private equity firm Thoma Bravo LP is acquiring property-management software maker RealPage Inc (NASDAQ: RP), the Wall Street Journal reports. Private-equity firm Thoma Bravo has entered into a deal to acquire property management software provider RealPage for $9.6 billion as part of a leveraged buyout deal, The Wall Street Journal has learnt. SAN FRANCISCO, 21st December 2020– RealPage, Inc. (NASDAQ: RP), a leading global provider of software and data analytics to the real estate industry has entered into a definitive agreement to be acquired by Thoma Bravo, in an all-cash transaction that values RealPage at approximately $10.2 billion, including net debt. Thoma Bravo To Buy RealPage For $9.6B – Report. The RealPage Board of Directors has unanimously approved the agreement with Thoma Bravo and recommends that RealPage stockholders vote in … RealPage has announced that it has entered into a definitive agreement to be acquired by private equity investment firm Thoma Bravo. The transaction, which was unanimously approved by the RealPage board of directors, is expected to close during the second quarter of 2021 and will make RealPage a privately held company. The company is expected to continue operating under its current leadership team, including chairman and CEO Steve Winn. The all-cash take-private transaction values RealPage at … Transaction Provides Significant Premium to RealPage Stockholders. In 2019, Thoma Bravo acquired Ellie Mae for $3.7 billion and then sold it in August 2020 to Intercontinental Exchange for approximately $11 billion. Property management software company RealPage is set to be acquired by private equity firm Thoma Bravo for $9.6 billion. Thoma Bravo is offering investors $88.75 in cash for each share of RealPage, the companies said in a statement on Monday. Private-equity firm Thoma Bravo LP has struck a deal to buy property-management-software provider RealPage Inc. for $9.6 billion, in one of the largest recent leveraged buyouts. Thoma Bravo, LP, is an American private equity and growth capital firm with offices in San Francisco and Chicago.. Thoma Bravo has done 230 software deals worth over $68 billion since 2003 and oversees a portfolio of 38 software companies that generate some $12 billion in annual revenue and employ 40,000 people. Thoma Bravo is paying more than 30 times this year's forecast Ebitda, according to Refinitiv estimates - where, on average, RealPage has traded closer to 18 times. RealPage, the Richardson-headquartered global provider of real estate industry software and data analytics, has been acquired by private equity investment firm Thoma Bravo. The all-cash transaction values RealPage at approximately $10.2 billion, including net debt. Private-equity firm Thoma Bravo has agreed to buy RealPage (NASDAQ:RP) for $9.6B, source WSJ.Thoma Bravo is paying $88.75/share for the … Thoma Bravo specializes in acquiring stabilized software providers to specialized industries and driving innovation and growth. "RealPage’s industry leading platform is critical to the real estate ecosystem and has tremendous potential going forward," said Orlando Bravo, Founder and a Managing Partner of Thoma Bravo.