Evidence records

documentedRealPage, Inc. is a Delaware corporation with SEC CIK 0001286225 and a Richardson, Texas principal office. Its 2010 prospectus traces the Delaware corporation to a 2003 merger with a Texas predecessor formed in November 1998 as Seren Capital Acquisition Corp. The Florida register lists the Delaware company under F06000001492. ^{1 2 3 4}

documentedOn 22 April 2021, Mirasol Merger Sub merged into RealPage, which survived as a wholly owned subsidiary of RealPage Holdings, LLC, formerly Mirasol Parent, LLC. Ordinary shares generally became rights to $88.75 in cash, and RealPage sought delisting from Nasdaq. ²

documentedAt closing, RealPage became borrower under a $2.75 billion first-lien term loan, a $250 million revolving facility and a $1 billion second-lien term loan. Goldman Sachs Bank USA served as administrative and collateral agent. Specified domestic subsidiaries guaranteed the facilities; substantially all borrower and guarantor assets secured them, subject to exceptions. The prior Wells Fargo-agent facility was repaid and terminated. ²

documentedThe merger proxy records Scott Crabill approaching Stephen Winn in November 2020, an initial $80-per-share proposal, and a revised $87 proposal on 4 December. The agreed $88.75 price followed; the announced agreement included a 45-day go-shop period. RealPage used BofA Securities and Wachtell Lipton as advisers, while Thoma Bravo used Goldman Sachs and Kirkland & Ellis. ^{5 6}

documentedFor 2020, RealPage reported revenue of about $1,158.5 million and operating income of $102.8 million; the comparable 2019 amounts were $988.1 million and $92.4 million. Asset Optimization revenue was $164.620 million in 2020. Year-end unrestricted cash was $594.7 million and term-loan principal outstanding was $577.5 million; the revolving line was undrawn. ⁷

documentedIn May 2020, RealPage sold 5.85 million shares at $59, generating $345 million gross proceeds, and separately issued $345 million of convertible notes. It used $230 million of equity-offering proceeds to repay revolving debt. The pre-merger credit facility was secured and guaranteed by specified domestic subsidiaries. ⁷

documentedStephen T. Winn led RealPage from November 1998 until Dana Jones succeeded him as CEO on 2 August 2021. Earlier roles included president and CEO of Computer Language Research and executive roles at Research Institute of America. The 2021 filing also listed a National Multifamily Housing Council board role. ^{1 2}

documentedRealPage’s 2019 agreements with Winn Family Office, LLC made RealPage a preferred service provider for properties in which that office had an ownership interest. The 2020 filing disclosed $218,811 in associated fees received by RealPage and identified Stephen Winn as owner and controller of the family office. ²

documentedRealPage’s April 2021 board comprised Alfred R. Berkeley III, Peter Gyenes, Charles F. Kane, Scott S. Ingraham, Dana S. Jones, Jeffrey T. Leeds, Stephen T. Winn and Jason A. Wright. Kane chaired audit, Gyenes compensation, and Leeds nominating/governance; Wright was lead independent director. ¹

documentedIn April 2021, RealPage’s executive roster included Winn as CEO, Brian Shelton as CFO/treasurer, Ashley Glover as president, Michael Britti in mergers/acquisitions, David Monk as chief legal officer/secretary, Barry Carter as CIO and Kurt Twining as chief people officer. Glover became president in January 2020, and Monk had joined in 2010 before becoming EVP in 2016. ¹

documentedDana Jones’s retained biography describes CEO roles at Sparta Systems in 2018–2021 and Active Network in 2016–2017, earlier product/marketing work at Sabre Airline Solutions, and an Agilysys directorship. A May 2026 Agilysys ownership filing also identifies her as a director. ^{1 2}

documentedVinit Doshi’s RealPage biography describes prior service as Sparta Systems COO, product and marketing leadership at Sabre Airline Solutions and a senior operating-partner role at SymphonyAI. ³

documentedMichael Britti led acquisitions at RealPage after joining in 2009. A November 2025 appointment release announced his Funnel Leasing board seat and described earlier TransUnion work, founding CreditRetriever, a StarRez board role and advisory work for RET Ventures. ^{4 1}

documentedDavid Monk previously practised at Baker Botts before joining RealPage in 2010. Kurt Twining joined RealPage in July 2011 after roles including Buck Consulting and Freescale Semiconductor; a retained 2006 filing confirms a senior human-resources role at Freescale. ^{5 1}

documentedPeter Gyenes served on RealPage’s board from 2010, chaired compensation, and previously led Ascential Software. The UK register dates his Sophos directorship from 11 June 2015 to 2 March 2020. Retained filings describe a Pegasystems board seat, and a February 2025 company announcement named him Syncro chair. ^{6 7 8 1}

documentedJeffrey Leeds, RealPage director from 1999, co-founded Leeds Equity Partners. Jason Wright, director from 2003 and lead independent director from 2012, worked at Apax. The merger proxy identified Elizabeth Marshall Leeds as trustee of a RealPage shareholding trust of which Jeffrey Leeds was sole beneficiary. ^{9 10 1}

documentedRealPage was formed in 1998 to acquire Rent Roll and launched OneSite in June 2001. By 2020 it described four product groups—property management, resident services, leasing/marketing and asset optimization—connected to a rental-transaction data warehouse. ¹

documentedRealPage announced the acquisition of YieldStar from Camden in July 2002. Its description envisaged combining property-management information with comparable-property prices and yield models that adjust apartment rents for supply and demand. ²

documentedIn January 2017, RealPage announced an approximately $75 million Axiometrics asset acquisition, integration with MPF Research and a long-term data relationship with Real Capital Analytics. The stated aim was to combine apartment-market data, transaction information and RealPage analytics. ^{3 4}

documentedRealPage’s 2020 filing links its investment-management platform to AssetEye, Hipercept and Investor Management Services acquisitions and its business-intelligence expansion to Rentlytics. These products addressed portfolio analytics and reporting in addition to rental pricing. ¹

documentedRealPage launched AI Revenue Management in February 2020 on the foundations of YieldStar, LRO and its data platform. The company described models for demand, supply and price elasticity alongside performance advisers; its broader data assets also supported applicant screening. ^{1 5}

documentedThe United States and eight states sued RealPage in the Middle District of North Carolina on 23 August 2024, case 1:24-cv-00710. The January 2025 amended complaint added landlord defendants and Illinois and Massachusetts. Washington later withdrew from this federal action; nine states remained alongside the United States. ^{1 2 3}