RealPage Buys SimpleBills
Summary
RealPage, Inc. (NASDAQ:RP), a Richardson, Texas-based provider of software and data analytics to the real estate industry, acquired the assets of Simple Bills Corporation, a Waco, Texas-based innovative utility management service dedicated to the student housing market. Founded in 2008 by Colin Heller, CEO, SimpleBills is a complete utility management company that bills and collects from residents directly, offering time savings to properties. Founded in 1998, RealPage is a global provider of software and data analytics to the real estate industry. The company currently serves over 12,100 clients worldwide from offices in North America, Europe and Asia. SimpleBills’ solution is also platform-agnostic, which will enable RealPage to serve SimpleBills clients who operate in other markets such as Multifamily, Single Family, HOA and Senior Living.
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