RealPage
PE-OwnedThoma Bravo acquired RealPage, apartment management and revenue management software, for $10.2B in 2021. RealPage's YieldStar algorithm has been at the center of a major DOJ antitrust investigation and class-action lawsuits alleging landlords used the software to coordinate rent increases — driving up rents across U.S. apartment markets.
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Ownership Information
RealPage is owned by Thoma Bravo. Private equity ownership often leads to cost-cutting, price increases, and reduced quality of service as firms prioritize returns for investors over customers and employees.Learn more about PE ownership impact →
Timeline
1998
RealPage founded
2021
Acquired by Thoma Bravo for $10.2B
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