Accurate Group Receives $12M Investment from MCG Capital

Accurate Group Holdings, LLC, a technology-enabled, outsourced provider of real estate transaction services to mortgage lending and loan servicing clients, has received a $12m investment from MCG Capital Corporation (Nasdaq: MCGC)

The investment consists of a $10m subordinated term loan and a $2m equity co-investment, which was made concurrently with ABS Capital Partners, a growth equity firm.

Led by President and CEO Paul Doman, the Accurate Group provides national real estate transaction services to the financial services industry with a focus on title insurance and searches, loan processing, appraisal and valuation services, and loan due diligence services.

FinSMEs

08/01/2013

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