GTCR has announced a strategic investment in Clear Capital, a US-based real estate valuation technology company, marking a significant step in expanding its presence across data, analytics, and technology-driven services.

Founded in 2001, Clear Capital provides real estate valuation and appraisal solutions to lenders, investors, and government agencies. Its offerings include property data, analytics, software, and valuation services that support residential real estate transactions. The investment will allow Clear Capital to accelerate innovation and expand its capabilities across its product portfolio.

GTCR is partnering with Clear Capital’s leadership team, including CEO Duane Andrews and President Jeff Allen, who will continue to lead the business and remain significant shareholders. The transaction aligns with GTCR’s long-standing “Leaders Strategy”, through which it backs seasoned management teams to scale and transform businesses through organic growth and strategic acquisitions.

“We’re thrilled to partner with GTCR, a firm that shares our vision for delivering transformative innovation in real estate valuation,” said Duane Andrews. “This partnership will support our mission to bring modern solutions to a historically complex and fragmented space.”

Craig Bondy, Managing Director at GTCR, added: “We see tremendous opportunity in the continued evolution of real estate technology, and Clear Capital is exceptionally well-positioned with its proprietary platform, industry relationships, and leadership team.”

The investment is being made from GTCR Fund XIV, which closed in 2022 with $11.5bn in commitments. The transaction underscores GTCR’s ongoing commitment to investing in differentiated platforms that serve critical functions in large, under-digitised markets.

Terms of the transaction were not disclosed. The deal remains subject to customary closing conditions.

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