In a year where IPOs for companies based in emerging markets dominated initial and follow-on public offerings, RealPage, Inc. (NASDAQ: RP) stands out as the #2 best 2010 IPO performer for a US-based company according to The Wall Street Journal’s Global Initial Public Offerings of Stock. Texas-based RealPage, a leading provider of on-demand property management solutions for the rental housing industry, ranked 9th on The Journal Report’s overall global IPO list which was dominated by China-based companies.
RealPage, with its experienced management team of serial entrepreneurs, represents the type of company with which Camden seeks to partner. RealPage is a Camden Partners Strategic Fund III portfolio company and the investment is led by Richard Berkeley.
About Camden Partners
Camden Partners is a multi-strategy private equity firm based in Baltimore, MD. Founded in 1995, the firm focuses on both growth and seed stage investments. Camden Partners’ growth strategy leverages domain expertise in the technology-enabled business services, education and healthcare services sectors to turn lower middle market companies in these sectors into market leaders. For more information, please visit www.camdenpartners.com.
Camden Partners Investment Criteria – “10-10-10″
Companies with > $10M Revenues Companies with < $10M EBITDA Equity Check Size: @ $10M