| 2019-06-12 12:49:16|
RP 12:49 06/12 06/12/19
RealPage to acquire data services provider Hipercept
RealPage announced that it has agreed to acquire substantially all of the assets of CRE Global Enterprises, a holding company for Hipercept. Hipercept provides data services and data analytic solutions to institutional real estate owners with over $500B in assets under management operating in the U.S., Asia, Canada and Europe. Steve Winn, Chairman and CEO of RealPage, said, "With the addition of this acquisition to RealPage's previously developed capabilities, RealPage will offer an integrated platform to serve the end-to-end needs of an institutional real estate and alternative asset owner. No longer will customers need to cobble together applications and services to run their business. RealPage can offer a complete solution, supported by managed services, to run their entire operational process."