Add-on Acquisition • Internet Software and Services

RealPage Acquires Kigo

On June 16, 2014, RealPage acquired internet software and services company Kigo for 32M USD

Acquisition Context
  • This is RealPage’s 10th transaction in the Internet Software and Services sector.
  • This is RealPage’s 9th largest (disclosed) transaction.
  • This is RealPage’s 13th transaction in the United States.
  • This is RealPage’s 1st transaction in Pennsylvania.
Investment Fate
  • Kigo was divested to a consortium of strategic buyers in 2022.

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M&A Deal Summary

Date June 16, 2014
Target Kigo
Sector Internet Software and Services
Buyer(s) RealPage
Deal Type Add-on Acquisition
Deal Value 32M USD

Target Company

Kigo

Philadelphia, Pennsylvania, United States
Kigo is a Software-as-a-Service (SaaS) vacation rental booking and channel management system. Kigo was formed in 2007 and is based in Philadelphia, Pennsylvania.
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Buyer Overview 1

Buyer

RealPage

Richardson, Texas, United States

Category Company
Founded 1998
Sector Software
Employees7,400
Revenue 988M USD (2019)
DESCRIPTION

RealPage is a provider of comprehensive property management software solutions for the multifamily, commercial, single-family and vacation rental housing industries. RealPage was founded in 1998 and is based in Richardson, Texas.


Deal Context for Buyer #
Overall 13 of 37
Sector: Internet Software and Services 10 of 21
Type: Add-on Acquisition 13 of 35
State: Pennsylvania 1 of 2
Country: United States 13 of 36
Year: 2014 3 of 3
Size (of disclosed) 9 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-14 Notivus Multi-Family

Alpharetta, Georgia, United States

Notivus Multi-Family LLC is an innovative vendor compliance solutions to the apartment industry and major corporations. Utilizing cloud-based technology and high touch customer service, Notivus has created the next generation in vendor management that revolutionizes how property managers and their vendors manage risk & compliance, build relationships and improve commerce.

Buy $4M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-02 Indatus ICIM

Louisville, Kentucky, United States

Indatus ICIM Corp. is a provider of cloud based, smart answer automation and routing solutions that handle maintenance calls for over 11,000 apartment communities.

Buy $49M