03/19/2010

Realpoint, LLC Investment

F.N.B. Capital Provides Mezzanine Financing to Complete the Management Buyout of Realpoint LLC

Realpoint, LLC, offers an unparalleled mixture of data, analysis, original research, and an unbiased opinion on the Commercial Mortgage Backed Securities (CMBS) market. Through its experienced team of CMBS analysts, Realpoint provides in-depth analytical bond reports, deal summary reports, watchlists, original research reports, and the ability to drill-down and stratify a portfolio in any way a client desires. 

In November 2007, F.N.B. Capital provided mezzanine financing to complete the management buyout of Realpoint, a business unit within Capmark Investments, L.P. (formerly GMAC Commercial Holding Corp.). The management buyout was led by Realpoint founder and C.E.O. Rob Dobilas. Read more about this transaction.

On March 19, 2010, Realpoint, LLC entered into a definitive agreement to be acquired by Morningstar, Inc. (NASDAQ: MORN) for $52 million.  F.N.B. Capital successfully exited its investment when Realpoint, LLC completed its transaction with Morningstar, Inc. on April 30, 2010.