Austin, Texas (PRWEB) June 20, 2016
Representatives of Texas’ first crowd investing platform, MassVenture Inc., and real estate crowd funding company Equity Brick LLC today announced the acquisition of Equity Brick LLC. Beginning immediately, the combined companies will begin operating as MassVenture.
The strategic combination of Equity Brick and MassVenture as a single company will create a dominant force in Texas Real Estate Crowdfunding. Their focus will be on providing quality real estate investment opportunities to accredited and non-accredited investors. The addition of the Equity Brick team and brand will produce a tremendous growth opportunity for MassVenture to continue to scale and improve upon technologies, and expand investment opportunities to their combined client base. The consolidated team will take a localized approach to Texas real estate crowdfunding, providing investors with opportunities to invest in their own community. The team also anticipates bringing Texas based investments to the national market as they continue to scale and attract new interest in real estate crowdfunding. The transaction, which requires approval of shareholders and regulatory approvals is expected to close late in the second quarter of 2016.
Nathan Roach, CEO and Co-Founder of MassVenture expressed his enthusiasm in the merger, stating, "I am excited to work with the former Equity Brick team, together we can do great things . . . Combining forces will allow us to grow and expand at a much faster pace."
“The combination of Equity Brick and MassVenture is a highly strategic, value-enhancing step. We are bringing together the unique strengths of two great start ups to deliver best-in-class real estate crowdfunding platform using state of the art technologies to investors around the Texas and country,” said Seemant Nakra, Founder of Equity Brick
MassVenture will continue to operate as a Texas Crowdfunding Portal, providing individuals opportunities to invest in private real estate and commercial investment opportunities offering high returns on investment. They also provide real estate developers a platform to present projects to the existing MassVenture community of investors.
MassVenture, Inc. (f/k/a Hive Equity Inc) is based in San Antonio with operations in Austin and Dallas/Fort Worth, is Texas’ first approved investment crowdfunding platform. With a focus on real estate investing, MassVenture allows all Texans the opportunity to participate in the ownership of investment ventures across the state.
About Equity Brick, LLC
Austin TX based Equity Brick LLC is a startup also in the real estate crowdfunding space. Equity Brick brings years of experience in real estate, finncial services, and technology to contribute to ongoing success of MassVenture.