United Country Real Estate and United real Estate are positioned to capture substantial market share in the lifestyle, rural and urban real estate brokerage space
KANSAS CITY, Mo. (PRWEB) June 03, 2015
United Real Estate Holdings, announced today that it has partnered with McCarthy Capital Fund V (“McCarthy Capital”) to more aggressively drive the rapid expansion for its two real estate franchise models: United Country Real Estate and United Real Estate. McCarthy Capital currently manages nearly $1 billion of investment capital across its portfolio specializing in helping grow strong businesses in partnership with existing management.
United Country Real Estate is the leading lifestyle- and rural-focused real estate franchising company. Since 1925, the company has been an innovator of the marketing of lifestyle and rural properties launching the first and only national real estate catalog in 1928 to the largest portfolio of leading lifestyle and rural property websites today.
“We have been executing a very deliberate, aggressive long-term business plan to best deliver our 90-year mission of exposing local lifestyle and rural properties more broadly,” Dan Duffy said.
United Real Estate is an innovative agent-focused, 100-percent commission urban and suburban real estate franchising company.
“Redfin, Keller Williams, RE/MAX – many urban real estate companies have all played significant roles in the progression of the real estate industry,” said Dan Duffy, Chief Executive Officer of United Real Estate Holdings. “While we appreciate the foundation that other market leaders have laid, we believe the urban real estate market is long overdue for change. Agent and broker success is our foundation, and we’ll continue to operate a model that focuses on agent’s and broker’s profitability.”
“The McCarthy Capital team brings a great deal of proven expertise to the table and will help us accelerate the realization of the long-term strategy of both our companies,” Dan Duffy said. “With the track record that McCarthy Capital presents and the quality and experience of their group, we couldn’t have hoped for a better partner as we move forward.”
The growth capital allows United Country Real Estate and United Real Estate to operate with excess liquidity and a strong balance sheet to effectuate its business strategies. Existing management will remain in place without exception and will have increased ownership as part of the transaction.
“Investing in strong management teams and profitable business models with significant growth potential is core to our approach,” said Patrick Duffy, President of McCarthy Capital, who is not related to United’s Dan Duffy. “United Country Real Estate and United Real Estate are positioned to capture substantial market share in the lifestyle, rural and urban real estate brokerage space. We are thrilled to support Dan and his team as well as all of the affiliated United offices, brokers, agents, and auctioneers on this journey.”
“The leadership team at McCarthy Capital fit perfectly with the United culture,” Dan Duffy said. “Together we will continue to enhance our programs to assist our brokers, agents and auctioneers in offering differentiated and advantaged services for their clients. We are very excited about this new chapter in our 90-year history.”
About United Real Estate Holdings
United Real Estate Holdings, operating the United Country Real Estate and United Real Estate brands, is the leading fully integrated network of conventional and auction real estate professionals globally. The two brands combined address the unique markets they serve, rural and urban, with exclusive marketing, technology and training solutions. Together the United brands support nearly 600 offices and 5,000 real estate professionals across four continents with a unique, comprehensive marketing program that includes one of the largest portfolios of real estate websites, the largest internal real estate marketing services company, an extensive buyer database of more than 550,000 opt-in buyers, and regional, national and international advertising programs for properties. For more information about United Country Real Estate, please visit http://www.UnitedCountry.com or http://www.UnitedRealEstate.com to learn more about United Real Estate.
About McCarthy Capital Fund V
McCarthy Capital Fund V is managed by McCarthy Partners Management, LLC, an affiliated RIA of McCarthy Capital. McCarthy Capital, headquartered in Omaha, NE, is focused exclusively on lower middle-market companies. For nearly 30 years, the McCarthy organization has been partnering with founders, families, and exceptional management teams to support the growth of their companies. For more information about McCarthy Capital, please visit http://www.McCarthyCapital.com.