The real deal on RealPage
Thoma Bravo Thoma Bravo is a Chicago-based private equity firm with approximately $184 billion in assets under management. Thoma Bravo purchased property management software company RealPage in 2021 for $10.2 billion. …
Explore the issues
Find more information on the issues deeply affected by private equity investments:
Why hasn’t Blackstone settled the DOJ’s RealPage price-fixing suit like peers Greystar and Cortland?
On August 8, 2025, property manager Greystar settled with the US Department of Justice (DOJ) and several state Attorneys General in their ongoing lawsuit against property management software…
Cities work to ban Thoma Bravo-owned RealPage
As the Private Equity Stakeholder Project continues to write about, RealPage is a property management software that has been the subject of ongoing controversy after being accused of facilitating rental price collusion, through…
