RealPage Announces Closing of Follow-on Public Offering of Common Stock

RealPage, Inc. (NASDAQ: RP), a leading global provider of software and data analytics to the real estate industry, today announced the closing of its follow-on public offering of 8,050,000 shares of its common stock at a price of $57.00 per share, before underwriting discounts, including 1,050,000 additional shares of common stock issued upon the exercise in full by the underwriters of their option to purchase additional shares.

RealPage received gross proceeds of approximately $458,850,000 from the offering, before underwriting discounts and commissions and estimated offering expenses.

Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, Wells Fargo Securities, LLC and RBC Capital Markets, LLC acted as the joint bookrunners for the offering. JMP Securities LLC, KeyBanc Capital Markets Inc. and Fifth Third Securities, Inc. acted as co-managers for the offering.

An effective registration statement relating to the shares of common stock was previously filed with the U.S. Securities and Exchange Commission on May 21, 2018. A preliminary prospectus supplement and final prospectus supplement, each describing the terms of the offering, were filed with the Securities and Exchange Commission on May 21, 2018 and May 24, 2018, respectively. The offering was made only by means of the effective shelf registration statement, including a preliminary prospectus supplement and a final prospectus supplement, copies of which may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; from J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717; from Wells Fargo Securities, LLC, Attention: Equity Syndicate Department, 375 Park Avenue, New York, New York 10152; and from RBC Capital Markets, LLC, Attention: Equity Syndicate, Three World Financial Center, 200 Vesey Street, 8th Floor, New York, NY 10281. The final prospectus supplement and accompanying prospectus relating to the offering are also available on the SEC’s website at www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About RealPage

RealPage is a leading global provider of software and data analytics to the real estate industry. Clients use our platform to improve operating performance and increase capital returns. Founded in 1998 and headquartered in Richardson, Texas, RealPage currently serves over 12,400 clients worldwide from offices in North America, Europe and Asia. For more information about the company, visit https://www.realpage.com.

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