M&A Deal Summary

TCG Acquires BiggerPockets

On August 7, 2024, private equity firm TCG acquired information services company BiggerPockets from McCarthy Partners Management

Acquisition Highlights
  • This is TCG’s 1st transaction in the Information Services sector.
  • This is TCG’s 15th transaction in the United States.
  • This is TCG’s 1st transaction in Colorado.

M&A Deal Summary
Date 2024-08-07
Target BiggerPockets
Sector Information Services
Buyer(s) TCG
Sellers(s) McCarthy Partners Management
Deal Type Secondary Buyout

Target

BiggerPockets

Denver, Colorado, United States
BiggerPockets is an online resource for investors looking to build wealth through real estate investing. Real estate investors using the BiggerPockets platform partake in regular discussion and debate about best practices across a broad array of real estate and wealth-building topics. The company produces free-to-consume educational content across written, audio and video channels, provides tools and networking solutions to paying subscribers and facilitates connections between investors and real estate professionals, such as lenders and agents. BIggerPockets was founded in 2004 and is based in Denver, Colorado.

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Buyer(S) 1

Buyer

TCG

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2010
Size Small
Type Sector Focused
DESCRIPTION

TCG (The Chernin Group) is a private investment firm focused on majority and minority investments in growing consumer businesses. Specific areas of interest include digital media, commerce, marketplaces, sports, gaming, consumer finance, and health/wellness. The Firm is a long-term investor and looks to work alongside companies to help build lasting value. TCG was originally formed in 2010 and is headquartered in Playa Vista, California.

DEAL STATS #
Overall 15 of 15
Sector (Information Services) 1 of 1
Type (Secondary Buyout) 1 of 1
State (Colorado) 1 of 1
Country (United States) 15 of 15
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-06 Scopely

Culver City, California, United States

Scopely is a free-to-play interactive entertainment network. With a network of more than 125 million users, Scopely has built the central monetization and distribution platform to publish genre-defining hit games for casual and core gamers. Scopely was formed in 2011 and is based in Culver City, California.

Sell $4.9B

Seller(S) 1

SELLER

McCarthy Partners Management

Omaha, Nebraska, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1986
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

McCarthy Capital is a private equity firm that seeks to invest in mid-to-late-stage companies. The firm looks for companies with revenue of at least $15 million and $3 million in operating profits. McCarthy will consider companies across a broad range of industries possessing significant growth opportunities through participation in growing markets, market share expansion, industry consolidation or innovative business strategies. McCarthy prefers to invest in the range of $5 and $125 million, and will take a minority or majority ownership stake in companies where management has material capital at risk. McCarthy Capital was founded in 1986 and is based in Omaha, Nebraska.

DEAL STATS #
Overall 25 of 25
Sector (Information Services) 1 of 1
Type (Secondary Buyout) 8 of 8
State (Colorado) 1 of 1
Country (United States) 25 of 25
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-30 NUSO

University City, Missouri, United States

NUSO delivers complex cloud communication solutions in real-time through authorized channel partners serving the small to medium business (SMB) and enterprise markets. NUSO was founded in 2018 and is based in University City, Missouri.

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