Clear Capital Secures Major Investment from GTCR
Deal News | Jul 08, 2025 | American Discovery Capital LLC
GTCR, a prominent private equity firm, has announced a substantial investment in Clear Capital, a leading company specializing in real estate analytics, data solutions, and valuation technology. This deal marks Clear Capital's first external investment, with GTCR becoming the majority shareholder while the company's CEO, Duane Andrews, retains a significant equity stake. Clear Capital, headquartered in Reno, Nevada, has positioned itself as a key player in providing innovative technology solutions for the mortgage and real estate industries. GTCR aims to collaborate with Andrews and Clear Capital's management to enhance the company's valuation and data services, boost its technological foundations, and drive mergers and acquisitions activity. This investment will also support the growth and integration of CubiCasa, a notable digital floor plan solution. Veteran executive Scott Happ joins Clear Capital's Board of Directors, adding his extensive expertise in the mortgage technology sector. Financial and legal advisory for this transaction was provided to GTCR and Clear Capital by Wells Fargo, Houlihan Lokey, Simpson Thacher & Bartlett LLP, American Discovery Capital, and O'Melveny & Myers LLP.
Sectors
- Private Equity
- Real Estate Technology
- Mortgage Industry
Geography
- United States – GTCR is based in Chicago, and Clear Capital is headquartered in Reno, Nevada, indicating a primary geographic focus on the United States.
Industry
- Private Equity – GTCR, a private equity firm, is the main investor in the transaction described in the article.
- Real Estate Technology – Clear Capital is a provider of real estate analytics, data solutions, and valuation technologies, operating at the intersection of real estate and technology.
- Mortgage Industry – Clear Capital's products and services are integral to the mortgage industry, offering valuation technology and data analytics which are critical for mortgage transactions.
Financials
- Not specified – The exact financial terms of GTCR's investment in Clear Capital were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| GTCR | Investor (Majority Shareholder) | Company | GTCR is a private equity firm making a strategic investment in Clear Capital. |
| Clear Capital | Target Company | Company | A leading provider of real estate analytics, data solutions, and valuation technology. |
| Duane Andrews | Co-founder & CEO | Person | CEO and co-founder of Clear Capital, retaining substantial equity ownership. |
| Scott Happ | Board Director & Advisor | Person | Newly appointed director with extensive experience in the mortgage technology industry. |
| Wells Fargo | Financial Advisor to GTCR | Company | Provided financial advisory services for the transaction. |
| Houlihan Lokey | Financial Advisor to GTCR | Company | Served as financial advisor to GTCR in the transaction. |
| Simpson Thacher & Bartlett LLP | Legal Counsel to GTCR | Company | Served as legal counsel for GTCR during the transaction. |
| American Discovery Capital | Financial Advisor to Clear Capital | Company | Financial advisor for Clear Capital in the transaction. |
| O'Melveny & Myers LLP | Legal Counsel to Clear Capital | Company | Served as legal counsel to Clear Capital. |