RealPage Seeks To Raise $189M In IPO

Law360, New York (July 28, 2010, 11:11 AM EDT) -- RealPage Inc. is set to raise up to $189 million in an initial public offering, a move the rental software maker said priced its shares at $13 to $15.

The Carrollton, Texas-based company revealed its plans in an amended filing with the U.S Securities and Exchange Commission on Wednesday. The company had previously registered to raise $150 million, with Credit Suisse and Deutsche Bank Securities serving as co-lead underwriters.

At least 13.5 million shares will be sold off as part of the IPO, with current stockholders...
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