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New Deal


Announced

RealPage acquired SimpleBills.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

utility management services

Private

Acquisition

Consumer Services: Other

Synopsis

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RealPage, a software company, acquired SimpleBills, an innovative utility management service dedicated to the student housing market. Financial terms were not disclosed. Colin Heller, CEO and Founder, SimpleBills: “This is a thrilling opportunity for SimpleBIlls. We built our company to redefine how utilities are managed so properties and students could experience utilities the way they should be. With the unmatched support and development resources available at RealPage, we will be able to provide even more state-of-the-art simplicity and outstanding customer experiences in student and in entirely new markets.”

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