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Texas Firm Closes Acquisition of Boston Proptech Startup

Dec 19, 2019 | Reprints | Print

A Texas real estate data analytics company has closed its acquisition of Buildium, a Boston-based proptech startup that specializes in property management software.

Buildium’s software is used to manage around 2 million units owned by over 12,000 clients.

Buyer RealPage also provides property management software currently used to manage over 18 million units worldwide.

“Our team is thrilled to immediately hit the ground running, with particular emphasis on quickly integrating RealPage capabilities into the Buildium platform and rapidly expanding the value that we offer to our customers,,” Buildium CEO Chris Litster said in a statement. “We are also excited to execute on our shared vision of investing in Buildium’s operations and leveraging Boston-area talent to help us scale an enhanced SMB platform across the real estate industry.”

B&T Daily