Trepp LLC, a provider of commercial mortgage-backed securities (CMBS) and commercial mortgage information, analytics and technology to the global securities and investment management industry, has announced that it has acquired Investcap Advisors LLC, a privately-held, Massachusetts-based company. Investcap provides intuitive and highly regarded Web-based applications for U.S. CMBS loan and property surveillance. Terms of the deal were not disclosed. This acquisition provides Trepp with additional commercial real estate expertise and technology resources that will reinforce its market leading position in CMBS, and it also expands the range of CRE loan and property surveillance products that it can offer. Investcap’s clients will benefit from having Trepp’s industry standard CMBS data and world class client service behind Investcap’s LoanAdvisor and CREDataXpress products. Scott Barrie, the founder of Investcap Advisors, will be joining Trepp as a managing director, bringing moer than 25 years experience in all aspects of lending including commercial loan origination, underwriting, secondary marketing and workouts.
“We are constantly striving to increase the value of our services and I am confident that our acquisition of Investcap is aligned with that objective,” said Annemarie DiCola, chief executive officer of Trepp. “We have great respect and admiration for Investcap and I look forward to leveraging their great real estate and technology expertise.”
“We are thrilled to be joining the Trepp team. Their client service reputation and standards for excellence are second to none,” said Barrie, managing director of Investcap Advisors. “I look forward to helping Trepp expand the depth and breadth of its offerings and I welcome all of the additional benefits that Investcap clients will get given the talent and scale of the Trepp organization.”