CLIENT DESCRIPTION
  • Investor Management Services (IMS) is a leading cloud-based provider of investor management solutions for commercial real estate owners.
  • The Company provides an Investor Relationship Management (IRM) platform with an investor dashboard, an investor portal to manage investor relations, and a comprehensive waterfall engine for distributions.
  • Headquarters: Charlotte, NC
BUYER  DESCRIPTION
  • RealPage (NASDAQ:RP) is a leading global provider of software and data analytics to the real estate industry. The Company currently serves over 12,400 clients worldwide from offices in North America, Europe and Asia.
  • Headquarters: Richardson, TX
HIGHLIGHTS
  • IMS will be combined with RealPage AIM’s (Asset & Investment Management) Portfolio Investment Management, Asset Monitoring, Business Intelligence and Data Warehouse capabilities to create a complete, fully integrated platform, supported by data administration services and valuation services to efficiently operate and manage the investment lifecycle.
  • The combined solution will be marketed as a fully integrated asset & investment management platform (RealPage AIM) to drive improved return on investment by providing 360 degree data visualization, performance monitoring, benchmarking, and valuations across the entire investment lifecycle.
  • The combination of IMS with the RealPage AIM platform will service nearly 600 general partners supporting nearly 90,000 limited partners.

 

“SEG has established a reputation in the market for being a top banker in the SaaS industry. From the very beginning, SEG quickly understood our fundamentals and the potential for IMS. We forged a true partnership between our teams, without which we would not have achieved such a strong outcome. Most bankers will tout deep SaaS/domain knowledge along with extensive industry connections. What sets SEG apart is their ability to combine flawless execution, meticulous attention to detail, and articulation of a compelling, over-arching value story. I will certainly work with SEG in the future and would recommend their firm for any vertical SaaS business without hesitation.”
Chris Atkinson, Former CEO, IMS

SEG Client, Investor Management Services, Acquired by RealPage

December 11, 2019 -- Software Equity Group (SEG) announces its client, Investor Management Services (IMS), has been acquired by RealPage, Inc. (NASDAQ:RP), a leading global provider of software and data analytics to the real estate industry. IMS provides an Investor Relationship Management (IRM) platform with an investor dashboard, an investor portal to manage investor relations, and a comprehensive waterfall engine for distributions. SEG served as exclusive advisor to IMS.

The combination of IMS with the RealPage AIM platform will service nearly 600 general partners supporting nearly 90,000 limited partners. Upon completion of the acquisition, RealPage plans to incorporate IMS into AIM and market a fully integrated asset & investment management platform (RealPage AIM) to drive improved return on investment by providing 360 degree data visualization, performance monitoring, benchmarking and valuations across the entire investment lifecycle.

RealPage expects to retain IMS employees, and operations will remain in Charlotte and Raleigh. The company expects to support the IMS client base for the foreseeable future.

Alan James, SVP Asset & Investment Management:

"Our combined teams are expected to immediately integrate IMS with RealPage AIM. The addition of IMS, when combined with AIM’s Portfolio Investment Management, Asset Monitoring, Business Intelligence and Data Warehouse capabilities, creates a complete platform, supported by data administration services and valuation services to efficiently operate and manage the investment lifecycle. We look forward to working with the IMS team to provide new value to the institutional private and public capital markets while delighting clients with unparalleled experiences."

About Software Equity Group

Software Equity Group (SEG) provides unparalleled M&A advisory services for emerging and established software companies. For more than twenty years, SEG has worked alongside its software industry clients to drive extraordinary outcomes for the client’s shareholders, employees and customers. Over this time period, SEG has managed hundreds of sell-side M&A transactions, representing billions of dollars of aggregate transaction value. SEG’s unwavering commitment to the software industry equates to unmatched expertise across software industry product categories, delivery models, technology and end market verticals; and unrivaled access to key decision makers among strategic and private equity buyers.