DENVER, CO Nov. 14, 2018 – BiggerPockets.com (“BiggerPockets”), the largest online network of real estate investors, announced that the company has partnered with McCarthy Capital Fund VI (“McCarthy Capital”) to accelerate its investment in new tools and resources to help its members succeed in real estate investing.
BiggerPockets provides educational content, networking capabilities and software tools to its members and the real estate investor community. The company’s membership has soared over the past several years, and now stands at nearly 1.2 million new and aspiring real estate investors. “There’s a steadily growing online community interested in building wealth and generating passive income,” said Scott Trench, CEO of BiggerPockets. “An informed approach to real estate investing is one of the most effective and proven paths towards personal wealth creation. McCarthy Capital will be a great partner as we strive to invest more resources in helping our members make the best decisions possible as they build their real estate portfolios.”
“I’m very excited to partner with McCarthy Capital” said Joshua Dorkin, BiggerPockets Founder. “Adding a team of professionals to join the board is one of the biggest developments for the company in a long time.” Josh will remain an investor and board member in the company.
BiggerPockets plans to invest in the creation of new resources to help investors connect with the content, tools and service professionals needed to purchase real estate investments that will help build private wealth in pursuit of financial freedom. The company was represented by GLC Advisors in facilitating the partnership.
“We are excited to partner with the management team of BiggerPockets,” said Chase Meyer, Principal at McCarthy Capital. “BiggerPockets is a trusted brand with a track record of equipping its members with the knowledge and tools needed to succeed in real estate investing. We look forward to helping the company continue to add value to its platform for its members.”
BiggerPockets.com is an online resource for investors looking to build wealth through real estate investing. The more than 1 million real estate investors using the BiggerPockets’ platform partake in regular discussion and debate about best practices across a broad array of real estate and wealth-building topics. The company produces free to consume educational content across written, audio and video channels, provides tools and networking solutions to paying subscribers and facilitates connections between investors and real estate professionals, such as lenders and agents.
About McCarthy Capital
McCarthy Capital Fund VI is managed by McCarthy Partners Management, LLC, a registered investment advisor that conducts business as McCarthy Capital. McCarthy Capital, headquartered in Omaha, NE, is focused exclusively on lower middle-market companies. For more than 30 years, the McCarthy organization has been partnering with founders, families, and exceptional management teams to support the growth of their companies. For more information about McCarthy Capital, please visit www.mccarthycapital.com.
GLC TECHNOLOGY GROUP
GLC provides senior-level advice and attention to technology leaders, entrepreneurs and financial sponsors. GLC’s tech team specializes in providing sell-side M&A advisory, buy-side M&A advisory, minority and majority recapitalizations, capital raising including placements of debt and equity, and other corporate finance advisory services. The GLC tech team has decades of technology M&A and capital markets experience, closed transactions representing billions of dollars in aggregate transaction value and has worked on behalf of or across the table from leading technology consolidators and technology-focused private equity firms.
Adam T. Haynes / Managing Director / Adam.Haynes@glca.com / 303.479.3842
David J. Bluth / Managing Director / David.Bluth@glca.com / 303.479.3855
Jim C. Williams / Director / Jim.Williams@glca.com / 303.479.3850
GLC ADVISORS & CO.
GLC Advisors & Co. delivers objective, senior-level expertise to clients through a variety of advisory assignments including: M&A, financing/debt advisories, restructurings/recapitalizations, fairness opinions, and valuations. Offices are located in New York, San Francisco, and Denver.
GLC Advisors is affiliated with GLC Investment Advisors, an investment firm that provides debt and equity capital for leveraged buyouts, strategic acquisitions, recapitalizations and growth financings for middle market companies.
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