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RealPage to launch $290 million add-on term loan B on Wednesday
By Sara Rosenberg
New York, Aug. 2 – RealPage Inc. will hold a lender call at 10 a.m. ET on Wednesday to launch a fungible $290 million add-on first-lien term loan B, according to a market source.
Goldman Sachs Bank USA is the lead arranger on the deal.
Proceeds will be used to support the acquisition of G5 Search Marketing Inc., a Bend, Ore.-based pure-play provider of digital marketing, advertising and analytics solutions to the real estate sector.
Closing is expected in the third quarter, subject to customary conditions.
Thoma Bravo is the sponsor.
RealPage is a Richardson, Tex.-based provider of software and data analytics to the real estate industry.
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