November 11, 2022
MBS Highway Acquires ListReports with New Financing from WhiteHorse Capital
MBS Highway Profile
- MBS Highway is the industry leader in mortgage technology solutions
- Their platform provides exclusive market insights and tools that mortgage industry professionals need to build trust and increase conversion with customers and referral partners
- Founded in 2012, MBS Highway is headquartered in Holmdel, NJ
Integrity Growth Partners Profile
- Integrity Growth Partners is a growth private equity firm that invests in lower middle market high-growth software and tech-enabled services businesses led by exceptional management teams
- Integrity Growth Partners was founded in 2018 and is headquartered in Los Angeles, CA
ListReports Profile
- ListReports is a leading real estate data insights and marketing platform
- More than 300,000 mortgage and real estate professionals nationwide rely on ListReports for the easy-to-use marketing solutions and insights they need to succeed in a fast-moving, technology-centric world
- ListReports was founded in 2014 and is headquartered in Orange County, CA
WhiteHorse Capital Profile
- WhiteHorse provides debt financing to middle market companies across a wide range of industries, including Telecom, Media and Technology, Healthcare, Business Services and Financial Services
- WhiteHorse has a broad investment mandate and provides senior and subordinated debt for refinancings, growth capital, acquisitions, buyouts, and balance sheet recapitalizations
- WhiteHorse professionals, across the U.S. and Europe, have extensive experience and a proven track record of providing creative financing structures and employing a long-term relationship-oriented portfolio management philosophy
- Founded in 2004, WhiteHorse is headquartered in Miami and has offices throughout the United States and Europe
Buy-Side Investors
- Integrity Growth Partners
Sector
- Applications
Subsector
- Real Estate Software
“Joining forces with ListReports will help us achieve our next growth phase and enable MBS Highway to become a large sales enablement platform in the real estate and mortgage market. The team brings significant technical skills and operational excellence to our team that will help our company continue to drive productivity, efficiency and additional market share.”
Barry Habib Founder and CEO, MBS Highway
“Our dedication to helping real estate professionals excel is unwavering. We want to see them evolve to be more instrumental than ever in driving consumers to live the American dream of home ownership. Our combined strengths will meet our industry’s most pressing challenges by continually bringing new solutions to real estate professionals.”
Ajay Shah Co-Founder and CEO, ListReports
“We are thrilled to have ListReports and its team as part of our growing portfolio. By joining forces with Barry Habib, Dan Habib and MBS Highway, IGP sees tremendous growth opportunity as both companies truly understand the pain points of today’s mortgage and real estate professionals.”
Doyl Burkett Founder and Managing Partner, Integrity Growth Partners
Transaction Notes
- MBS Highway’s acquisition of ListReports was announced on November 10, 2022; financial terms were not disclosed
- Shea & Company served as the exclusive financial advisor to MBS Highway and Integrity Growth Partners