RealPage Inc. closed its follow-on public offering of 8,050,000 common shares at $57.00 apiece, before underwriting discounts, including 1,050,000 additional common shares issued upon the exercise in full by the underwriters of their option to buy additional shares.
The company received gross proceeds of about $458.9 million 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 joint book runners for the offering. JMP Securities LLC, KeyBanc Capital Markets Inc. and Fifth Third Securities Inc. acted as co-managers.
