
RealPage Acquires Bulk Internet Provider WhiteSky
RealPage, Inc., the Richardson, TX-based provider of software and data analytics to the real estate industry, has acquired WhiteSky Communications, LLC. Terms of the deal weren’t disclosed.
WhiteSky provides managed communications services, enabling multifamily, student and other properties to provide managed bulk Internet, video, voice-over-internet protocol (VOIP) phone, and Wi-Fi services.
Steve Winn, CEO and chairman of the board at RealPage, said, “The acquisition of WhiteSky, a recognized and highly-respected managed service provider, positions RealPage to enter the surging market for multifamily property bulk Wi-Fi services as a key player.
He continued, “We expect to drive post-acquisition revenue synergies with the inclusion of WhiteSky services into CommunityConnect, our one-stop-shop for smart buildings, smart access, and purpose-built managed smart Wi-Fi, all controlled from a single resident app.”
The acquisition occurs just two weeks after RealPage announced an agreement to be acquired by Chicago-based private equity firm Thomas Bravo for $10.2 billion.
For comments, questions or concerns, please contact Paul Bubny
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition