Le Lézard
Classified in: Science and technology
Subject: Funding

The CapStreet Group Announces Investment in Credit Bureau Connection, Inc.


The CapStreet Group, LLC today announced that it has completed the majority recapitalization of Credit Bureau Connection, Inc. ("CBC"), in partnership with the founder and other shareholders.

CBC offers credit report and compliance solutions to the automotive and general consumer finance industries across the United States. The Company optimizes and automates the consumer finance qualification process through a fast, easy-to-use, and secure software platform accessible to end-users directly, or via standard API protocols made available to its extensive network of software affiliate partners. CBC's products and solutions place a heavy emphasis on compliance and identity verification to support the credit application and credit report process. CBC's secure, cloud-based products help auto dealers and lenders meet compliance requirements in a highly regulated industry.

"We've witnessed a transformation in credit and compliance, especially in the automotive industry, and CBC remains at the forefront with our ever-expanding offering of technology-driven products and services. We're excited to partner with the CapStreet team to help further accelerate our growth and market leadership!" said Mike Green, founder of CBC. "We have a collaborative and high-integrity culture at CBC with a mission to delight our customers by delivering one of the leading credit report and compliance solutions, and we are fortunate to have a partner that fully embraces our vision."

Adrian Guerra, Partner with CapStreet, commented, "We are excited to join forces with Mike and the CBC team as we seek to drive additional value for customers and partners through the continued expansion of CBC's credit compliance and analytics software platform." Rick Pleczko CEO, CapStreet Operating Executive Group and Executive Chair at CBC, added, "The CBC platform is recognized as one of the most innovative and feature rich in the industry. We're extremely pleased to help enable its future growth."

CBC is the third investment for CapStreet V, LP, which has $500 million of committed capital. The CapStreet team for the CBC investment included Adrian Guerra, Walker Kahle, Nico Gayle and Evan Harmon.

Portico Capital served as the exclusive financial advisor to CBC. Willkie Farr & Gallagher LLP served as CapStreet's legal counsel, and Cadwalader Wickersham & Taft LLP served as CBC's legal counsel.

About The CapStreet Group

Founded in 1990, CapStreet invests in software, tech-enabled business services, and industrial business services companies in the lower-middle market. With over 45 platform investments since inception, CapStreet's investment strategy is focused on utilizing its CapValue FrameworkTM to accelerate growth and profitability and create long term sustainable businesses. The majority of CapStreet's investments are focused on entrepreneur owned businesses. For more information, visit www.capstreet.com.


These press releases may also interest you

at 04:44
Friendly Technologies, a global leader in IoT and telecom device management solutions, announces the release of its latest update for the Friendly Unified Device Management platform, introducing groundbreaking features and improvements with a special...

at 04:41
Invoca, the leading revenue execution platform for revenue teams, has won the CX Today Award for 'Best Conversational Intelligence Solution' of 2024. CX Today, the leading international news publication honouring excellence in CX...

at 04:37
ASC Technologies, a leading provider of comprehensive recording and analytics tools, announces its successful certification for Webex Calling with Webex by Cisco, a leading provider of collaboration technologies powering hybrid work and customer...

at 04:34
WSPN, a global digital payments leader providing transparent, fast, and efficient solutions leveraging distributed ledger technology, has partnered with leading Web3 wallet provider MathWallet to launch StableWallet - a groundbreaking new account...

at 04:33
Under the theme of "Asia and the World: Common Challenges, Shared Responsibilities," the Boao Forum for Asia (BFA) Annual Conference 2024 was held in Hainan, China on March 26th. M&G has been the forum's official stationery supplier since 2005. As...

at 04:29
Gausium's commercial cleaning robots, the Scrubber 50 M series models (50 MR and 50 MD) and the Phantas S1 Pro M, were recently awarded the North American cTUVus certificate by TÜV Rheinland at the China Clean Expo (CCE) in Shanghai. Additionally,...



News published on and distributed by: