February 27, 2017 / 9:48 PM / 6 months ago

BRIEF-Realpage to acquire Lease Rent Options, LRO

Feb 27 (Reuters) - Realpage Inc:

* Realpage to acquire Lease Rent Options, LRO

* Realpage Inc says agreement to acquire Lease Rent Options and related assets from Rainmaker Group for $300 million in cash

* Realpage Inc says transaction will be financed through an expanded debt arrangement with current bank syndicate

* Realpage Inc- Realpage expects deal will be accretive to its long term revenue growth objectives and adjusted EBITDA margin expansion Source text for Eikon: Further company coverage:

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