Trepp acquired Investcap Advisors, a privately held, Massachusetts-based firm. Investcap offers Web-based applications for U.S. CMBS loan and property surveillance.
Scott Barrie, the founder of Investcap Advisors, will be joining Trepp as a managing director. He has more than 25 years experience in all aspects of lending such as commercial loan origination, underwriting, secondary marketing and workouts.
This purchase gives Trepp added commercial real estate (CRE) expertise and increases the range of CRE loan and property surveillance products that it can offer. Investcap’s clients will, in turn, have access to Trepp’s CMBS data and client service behind Investcap’s LoanAdvisor and CREDataXpress products.
“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 Trepp CEO Annemarie DiCola . “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,” Barrie said. “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.”
“There are great synergies between Trepp and Investcap that will enable us to provide our clients, and theirs, with more robust products and even higher levels of support”, said Andy Leibman, senior vice president at Trepp. “We are all very excited about this acquisition and look forward to welcoming the Investcap team and all of its clients to Trepp.”