Data & Analytics Acquisitions in Nevada

Chicago-based private equity firm GTCR has made a majority investment in Clear Capital, a Reno, Nevada–headquartered real estate analytics, valuation technology and data solutions provider; Clear Capital's co-founder and CEO Duane Andrews retains a substantial equity stake. GTCR will partner with management to expand Clear Capital's valuation and data offerings, invest in technology and accelerate M&A activity, including integration of its CubiCasa digital floor-plan product. Financial and legal advisors to the deal included Wells Fargo, Houlihan Lokey and Simpson Thacher & Bartlett for GTCR, and American Discovery Capital and O'Melveny & Myers for Clear Capital.

CATIC, a Rocky Hill, Connecticut-based title insurance and services company, has acquired Lane Guide Lenders On Line, Inc., the Reno, Nevada–headquartered operator of the Lane Guide online lender resource. The purchase adds a longstanding lender data and directory business (founded 1957) to CATIC’s family of companies to expand its data and service offerings for lending, real estate, and investment stakeholders.

Advantage Capital made a $2.1 million growth capital investment in Las Vegas-based market research firm Precision Opinion to provide working capital for product development, sales and marketing, and talent acquisition. The financing, made in connection with the Nevada New Markets Jobs Act and as part of the Silver State Growth Capital Initiative, will support Precision Opinion's continued growth and hiring plans (the company currently employs more than 700 people and plans to add ~150).