Latest news with #ClearCapital
Business Wire
05-08-2025
- Business
- Business Wire
Monroe Capital Supports GTCR's Investment in Clear Capital
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC ('Monroe') announced it acted as joint lead arranger on the funding of a senior credit facility to support the investment in Clear Capital by GTCR. Founded in 2001 and headquartered in Reno, NV, Clear Capital is a leading provider of valuation technology, analytics and data solutions for the mortgage and real estate industries. The company provides customers with a complete understanding of nearly every U.S. property through AI-driven analytics, data solutions, valuation services and automated appraisal review platforms. Clear Capital's product suite supports over five million real estate and housing finance transactions annually, and its digital floor plan offering, CubiCasa, is used in approximately 30% of all new real estate listings nationwide. About Monroe Capital Monroe Capital LLC ('Monroe') is a premier asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, alternative credit solutions, structured credit, real estate and equity. Since 2004, the firm has been successfully providing capital solutions to clients in the U.S. and Canada. Monroe prides itself on being a value-added and user-friendly partner to business owners, management, and both private equity and independent sponsors. Monroe's platform offers a wide variety of investment products for both institutional and high net worth investors with a focus on generating high quality 'alpha' returns irrespective of business or economic cycles. The firm is headquartered in Chicago and has 11 locations throughout the United States, Asia and Australia. Monroe has been recognized by both its peers and investors with various awards including Private Debt Investor as the 2024 Lower Mid-Market Lender of the Year, Americas and 2023 Lower Mid-Market Lender of the Decade; Inc.'s 2024 Founder-Friendly Investors List; Global M&A Network as the 2023 Lower Mid-Markets Lender of the Year, U.S.A.; DealCatalyst as the 2022 Best CLO Manager of the Year; Korean Economic Daily as the 2022 Best Performance in Private Debt – Mid Cap; Creditflux as the 2021 Best U.S. Direct Lending Fund; and Pension Bridge as the 2020 Private Credit Strategy of the Year. For more information and important disclaimers, please visit
Malaysian Reserve
09-07-2025
- Business
- Malaysian Reserve
GTCR Announces Strategic Investment in Clear Capital
With the support of GTCR, Clear Capital will continue to deliver innovative technology, analytics and data solutions to the mortgage and real estate industries CHICAGO, July 8, 2025 /PRNewswire/ — GTCR, a leading private equity firm, announced today that it has made a significant investment in Clear Capital (the 'Company'), a leading national real estate analytics, data solutions, and valuation technology company. GTCR is partnering in the investment with Clear Capital's co-founder and CEO Duane Andrews and its strong existing management team to further invest in the Company's growth and strengthen its market leadership. The transaction represents Clear Capital's first outside investment, with GTCR becoming the Company's majority shareholder and Mr. Andrews retaining substantial equity ownership. Headquartered in Reno, Nevada, Clear Capital is a leading provider of valuation technology, analytics and data solutions for the mortgage and real estate industries. Since its founding in 2001, Clear Capital has consistently led the industry in developing innovative technology-driven solutions for customers across the mortgage and real estate value chains. Today, Clear Capital is the industry's leading provider of alternative valuations and technology-powered appraisals, leveraging its advanced technology platform, innovative products and deep customer relationships to differentiate itself in the marketplace. Clear Capital's product suite supports over five million real estate and housing finance transactions annually, and its digital floor plan offering, CubiCasa, is used in approximately 30% of all new real estate listings nationwide. GTCR will work closely with Mr. Andrews and Clear Capital's management team to enhance and expand the Company's leading valuation and data offerings, further invest in its technology platform and infrastructure, and accelerate M&A activity. The investment will also support the continued growth and integration of CubiCasa, which has quickly established itself as the market's leading digital floor plan solution. GTCR's investment builds on the firm's deep domain expertise across the real estate and mortgage technology ecosystem, including its prior investment in Optimal Blue, a leading digital mortgage marketplace and provider of mortgage data analytics and capital markets technology. In addition, experienced technology executive Scott Happ has joined Clear Capital's Board of Directors and will serve as an active Director and advisor to the Company. Mr. Happ brings over 40 years of experience in the mortgage and mortgage technology industry. He previously partnered with GTCR during its investment in Optimal Blue, where he served as CEO from 2016 to 2022. Prior to Optimal Blue, Mr. Happ was the founder and CEO of Mortgagebot, a pioneer in digital mortgage point-of-sale technology. 'Clear Capital's innovative technology platform, combined with its deep expertise delivering data-driven solutions, positions it as a leader in this rapidly evolving market,' said Michael Hollander, Managing Director at GTCR. 'This investment underscores GTCR's commitment to backing exceptional management teams and leveraging our expertise in technology and financial services to drive transformational growth.' 'Partnering with GTCR represents an exciting new chapter for Clear Capital, enabling us to scale our platform, expand product offerings and continue to provide innovative solutions for the real estate and mortgage industries,' said Mr. Andrews. 'Our mission remains the same: to build confidence in real estate decisions to strengthen communities and improve lives. Through this strategic investment, we can build upon this mission even further.' 'As the real estate landscape continues to undergo rapid change, Clear Capital stands out for its unique technology-driven platform and proven ability to profitably expand and innovate,' said David Lalo, Director at GTCR. 'We look forward to partnering with Duane and the entire Clear Capital team to accelerate the Company's growth trajectory and continue to deliver exceptional value to its customers. We also plan to pursue strategic acquisitions to further expand Clear Capital's product set.' Wells Fargo and Houlihan Lokey served as financial advisors to GTCR on the transaction and Simpson Thacher & Bartlett LLP served as GTCR's legal counsel. American Discovery Capital served as financial advisor to Clear Capital and O'Melveny & Myers LLP served as Clear Capital's legal counsel. About GTCR Founded in 1980, GTCR is a leading private equity firm that pioneered The Leaders Strategy™ – finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through organic growth and strategic acquisitions. GTCR is focused on investing in transformative growth in companies in the Business & Consumer Services, Financial Services & Technology, Healthcare and Technology, Media & Telecommunications sectors. Since its inception, GTCR has invested more than $30 billion in over 290 companies, and the firm currently manages approximately $50 billion in equity capital. GTCR is based in Chicago with offices in New York and West Palm Beach. For more information, please visit Follow us on LinkedIn. About Clear Capital Clear Capital is a national real estate analytics, data solutions and valuation technology company with a simple purpose: to build confidence in real estate decisions to strengthen communities and improve lives. Our goal is to provide customers with a complete understanding of nearly every U.S. property through our AI-driven analytics, data solutions, valuation services and automated appraisal review platforms. Our commitment to excellence – wherever it leads, whatever it takes® – is embodied by our team members across our brands and has remained steadfast in this pursuit since our first order in 2001. GTCR Media Contact:Josh Clarkson / Ryan Smithpro-GTCR@ Clear Capital Media Contact:Ross StevensCaliber Corporate Advisers for Clear Capital clearcapital@
Yahoo
08-07-2025
- Business
- Yahoo
GTCR Announces Strategic Investment in Clear Capital
With the support of GTCR, Clear Capital will continue to deliver innovative technology, analytics and data solutions to the mortgage and real estate industries CHICAGO, July 8, 2025 /PRNewswire/ -- GTCR, a leading private equity firm, announced today that it has made a significant investment in Clear Capital (the "Company"), a leading national real estate analytics, data solutions, and valuation technology company. GTCR is partnering in the investment with Clear Capital's co-founder and CEO Duane Andrews and its strong existing management team to further invest in the Company's growth and strengthen its market leadership. The transaction represents Clear Capital's first outside investment, with GTCR becoming the Company's majority shareholder and Mr. Andrews retaining substantial equity ownership. Headquartered in Reno, Nevada, Clear Capital is a leading provider of valuation technology, analytics and data solutions for the mortgage and real estate industries. Since its founding in 2001, Clear Capital has consistently led the industry in developing innovative technology-driven solutions for customers across the mortgage and real estate value chains. Today, Clear Capital is the industry's leading provider of alternative valuations and technology-powered appraisals, leveraging its advanced technology platform, innovative products and deep customer relationships to differentiate itself in the marketplace. Clear Capital's product suite supports over five million real estate and housing finance transactions annually, and its digital floor plan offering, CubiCasa, is used in approximately 30% of all new real estate listings nationwide. GTCR will work closely with Mr. Andrews and Clear Capital's management team to enhance and expand the Company's leading valuation and data offerings, further invest in its technology platform and infrastructure, and accelerate M&A activity. The investment will also support the continued growth and integration of CubiCasa, which has quickly established itself as the market's leading digital floor plan solution. GTCR's investment builds on the firm's deep domain expertise across the real estate and mortgage technology ecosystem, including its prior investment in Optimal Blue, a leading digital mortgage marketplace and provider of mortgage data analytics and capital markets technology. In addition, experienced technology executive Scott Happ has joined Clear Capital's Board of Directors and will serve as an active Director and advisor to the Company. Mr. Happ brings over 40 years of experience in the mortgage and mortgage technology industry. He previously partnered with GTCR during its investment in Optimal Blue, where he served as CEO from 2016 to 2022. Prior to Optimal Blue, Mr. Happ was the founder and CEO of Mortgagebot, a pioneer in digital mortgage point-of-sale technology. "Clear Capital's innovative technology platform, combined with its deep expertise delivering data-driven solutions, positions it as a leader in this rapidly evolving market," said Michael Hollander, Managing Director at GTCR. "This investment underscores GTCR's commitment to backing exceptional management teams and leveraging our expertise in technology and financial services to drive transformational growth." "Partnering with GTCR represents an exciting new chapter for Clear Capital, enabling us to scale our platform, expand product offerings and continue to provide innovative solutions for the real estate and mortgage industries," said Mr. Andrews. "Our mission remains the same: to build confidence in real estate decisions to strengthen communities and improve lives. Through this strategic investment, we can build upon this mission even further." "As the real estate landscape continues to undergo rapid change, Clear Capital stands out for its unique technology-driven platform and proven ability to profitably expand and innovate," said David Lalo, Director at GTCR. "We look forward to partnering with Duane and the entire Clear Capital team to accelerate the Company's growth trajectory and continue to deliver exceptional value to its customers. We also plan to pursue strategic acquisitions to further expand Clear Capital's product set." Wells Fargo and Houlihan Lokey served as financial advisors to GTCR on the transaction and Simpson Thacher & Bartlett LLP served as GTCR's legal counsel. American Discovery Capital served as financial advisor to Clear Capital and O'Melveny & Myers LLP served as Clear Capital's legal counsel. About GTCR Founded in 1980, GTCR is a leading private equity firm that pioneered The Leaders Strategy™ – finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through organic growth and strategic acquisitions. GTCR is focused on investing in transformative growth in companies in the Business & Consumer Services, Financial Services & Technology, Healthcare and Technology, Media & Telecommunications sectors. Since its inception, GTCR has invested more than $30 billion in over 290 companies, and the firm currently manages approximately $50 billion in equity capital. GTCR is based in Chicago with offices in New York and West Palm Beach. For more information, please visit Follow us on LinkedIn. About Clear Capital Clear Capital is a national real estate analytics, data solutions and valuation technology company with a simple purpose: to build confidence in real estate decisions to strengthen communities and improve lives. Our goal is to provide customers with a complete understanding of nearly every U.S. property through our AI-driven analytics, data solutions, valuation services and automated appraisal review platforms. Our commitment to excellence – wherever it leads, whatever it takes® – is embodied by our team members across our brands and has remained steadfast in this pursuit since our first order in 2001. GTCR Media Contact:Josh Clarkson / Ryan Smithpro-GTCR@ Clear Capital Media Contact:Ross StevensCaliber Corporate Advisers for Clear Capital clearcapital@ View original content to download multimedia: SOURCE GTCR
Business Wire
24-04-2025
- Business
- Business Wire
Pylon Partners With Clear Capital on AI-Powered Appraisals to Accelerate Programmatic Originations
MENLO PARK, Calif.--(BUSINESS WIRE)-- Pylon, an API-first mortgage infrastructure platform delivering an entirely new way for businesses to build and scale originations, has announced a partnership with Clear Capital, a leading real estate valuation technology company. This collaboration seamlessly integrates a suite of instant and hybrid property valuation services into Pylon, giving customers immediate access with no additional setup, further contributing to Pylon's 74% lower cost to originate 1 compared to industry average. Traditional appraisals have long inhibited mortgage automation with a 5–15 day delay in the origination process. For originators, this manual step increases costs and slows decision-making. For borrowers and sellers, it creates friction and risk. Clear Capital's AI-driven valuation products, including ClearAVM™, Universal Data Collection® (UDC®), Hybrid Appraisal, and Desktop Appraisal expedite approvals, reduce uncertainty, and lower origination costs on more than 120 million addresses across the United States. With this partnership, Pylon dynamically selects the fastest eligible valuation method on behalf of originators—then automatically orders, tracks, and processes the results. By directly embedding Clear Capital's product suite, Pylon delivers fully automated workflows while ensuring investor guideline adherence and regulatory compliance. Additionally, Clear Capital's modern solutions are recognized by Fannie Mae, Freddie Mac, and Wall Street liquidity providers that are integrated into Pylon's platform, ensuring broad acceptance. 'Together with Clear Capital, we're advancing our mission to rewire mortgage from the ground up and to enable programmatic originations at scale,' said Trent Hedge, CEO of Pylon. 'The decision to partner with Clear Capital was obvious due to our shared commitment to API-first product development." 'We're excited to bring our valuation products onto the Pylon platform,' said Kenon Chen, EVP, Strategy and Growth at Clear Capital. 'This partnership represents an entirely new approach for the mortgage industry—one that emphasizes speed, accuracy, and automation.' About Pylon Pylon is a mortgage infrastructure platform. Today, leading fintechs, lenders, and publicly traded banks build and scale originations on Pylon. With offices in Menlo Park and New York, the company is backed by Conversion Capital, Peter Thiel, QED Investors, and Citi. For more information, visit: About Clear Capital Clear Capital is a national real estate valuation technology company with a simple purpose: to build confidence in real estate decisions to strengthen communities and improve lives. Our goal is to provide customers with a complete understanding of nearly every U.S. property through our field valuation services and analytics tools, and improve their workflows with our platform technologies. Our commitment to excellence – wherever it leads, whatever it takes® – is embodied by our team members across our brands (Clear Capital, CubiCasa, and REO Network) and has remained steadfast in this pursuit since our first order in 2001. 1 Freddie Mac 2024 Cost to Originate Study
