Louisville-based Indatus acquired for nearly $50 million - WDRB 41 Louisville News

Louisville-based Indatus acquired for nearly $50 million

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LOUISVILLE, Ky. (WDRB) - Indatus, a cloud-based technology company based in downtown Louisville, has been acquired. 

RealPage Inc., a software company out of Carrollton, Texas, purchased Indatus for approximately $49 million, according to a press release.

Indatus was the site of President Barack Obama's visit to Louisville in April to highlight the city's growing focus on technology jobs.

RealPage focuses on property management software, primarily in the rental housing market.

The company says it "plans to combine the Indatus solutions with its Level One live agent solutions."

"We believe the acquisition of Indatus creates revenue synergies that are compelling across all rental housing markets and selected RealPage product families."

Indatus CEO Dave Durik told WDRB News that RealPage did not buy 100 percent of the company.

He said RealPage has committed to keeping about 80 jobs in Louisville, and has already signed a three-year lease for the existing Indatus office on Main Street.

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