the cloud-based software provider to the private capital market,
announced today that McCarthy
Capital has selected the iLEVEL
Private Capital Data Platform to streamline their portfolio company
data collection. McCarthy is a private equity firm based in Omaha,
Nebraska that manages more than $900 million of committed capital in a
mix of growth equity investments, recapitalizations and management
iLEVEL enables fund managers to automate performance reporting from
portfolio companies and establish a single source of truth that can be
used for portfolio reporting, valuation, regulatory reporting,
fundraising and investor reporting.
"At McCarthy, we grow businesses in partnership with the management
teams of a diverse set of portfolio companies," said Teri Mercer,
Director of Finance at MCarthy Capital. "iLEVEL will enable us to more
efficiently track financial and operating metrics across our portfolio
and allow our investment professionals to spend more time on doing
deals. Being on iLEVEL will make us stronger partners with our portfolio
companies and offer increased transparency to our investors."
"Many private capital investors face the challenges of onerous data
collection with limited operational resources. iLEVEL creates efficiency
for clients of various sizes so they can focus their resources on value
creation for their investors," said Rick
Kushel, CEO of iLEVEL Solutions. "We are thrilled to add McCarthy
Capital to our growing number of clients in the Midwest and continue our
expansion into middle market firms."
of firms on iLEVEL has doubled in the past year and includes
alternative investment firms of varying sizes that employ a wide range
of investment strategies including Real Estate, Credit and Venture
Capital. Leading LPs and Funds of Funds are also adopting iLEVEL. 4,000
iLEVEL users span the globe, tracking over 700 million data points
across 7,000 portfolio companies.
About McCarthy Capital
McCarthy Capital is an Omaha-based private equity firm focused
exclusively on lower middle market companies with less than $250 million
of revenues. For more than 25 years, the McCarthy organization has been
partnering with founders, families and exceptional management teams to
support the growth of their companies. For more information, visit www.mccarthycapital.com.
iLEVEL offers a market-leading cloud-based Private Capital Data Platform
that empowers fund managers and investors to control information and
gain actionable insights by taking data collection, investment analysis
and performance reporting to a whole new level. Investors in iLEVEL
include Blackstone (NYSE: BX), The Carlyle Group (NASDAQ: CG), Duff &
Phelps, Hamilton Lane, Swift River Investments, and Egis Capital
Partners. For more information, visit www.ilevelsolutions.com.
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