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2014

Wellington Financial Provides $5 million in Growth Capital to Real Matters

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TORONTO and CHICAGO, Sept. 16 /PRNewswire-FirstCall/ - Wellington Financial LP, a privately-held specialty finance firm, today announced a $5 million venture debt financing for Real Matters of Toronto, Ontario. Real Matters is a leading provider of property information services in North America. Proceeds from the financing will provide additional working capital to further accelerate its strategic growth across Canada and the United States.

"Jason Smith and his team at Real Matters are revolutionizing the way in which information is gathered and then leveraged in real estate, and Real Matters' customers are the beneficiaries of this truly unique approach," said Mark Usher, Partner at Wellington Financial. "This transaction is another excellent example of how our True Growth Capital can benefit an already successful and rapidly growing company. We have a great deal of confidence in the Real Matters team and their global market potential."

Real Matters brings together the two most important elements required to effectively provide property information services: subject matter expertise and unique data. These elements are fused together through the organization's redihive(TM) cloud-based technology environment, a community that enables a global network of field agents to create meaningful insights into residential and commercial properties. Serving multiple industries, Real Matters leverages redihive(TM) through its Solidifi (appraisal management) and iv3 (property and casualty insurance inspections) businesses.

"Bringing Wellington Financial aboard as our newest partner allows us to capitalize on the strategic growth initiatives we have underway in Canada and the United States," said Real Matters President & CEO, Jason Smith. "We're pleased to have a premier North American debt firm on board so we can move forward in creating new market solutions."

Aird & Berlis LLP and Fraser Milner Casgrain LLP provided legal advice on this transaction.

Since 2004, Wellington Financial LP has led or participated in more than $340 million in transactions, making it one of the most active funds of its kind in North America.

About Wellington Financial LP

Wellington Financial LP is a privately-held specialty finance firm providing revolving lines of credit, term, venture and amortizing loans up to $40 million. Wellington Financial LP is currently managing a $450 million investment program via Wellington Financial Fund III, with offices in Toronto, Canada and Santa Monica, California. Wellington Financial LP is managed by a partnership controlled by fund management and Clairvest Group Inc. (CVG:TSX), who jointly have contributed a large financial stake to Fund III. LPs include several of Canada's largest institutional investors, crown corporations, financial institutions and pension funds. Please visit the fund website at www.wellingtonfund.com, or the Wellington Financial team blog at www.wellingtonfund.com/blog.

About Real Matters

Real Matters is the leading provider of property information services in North America. It fuses unique data gathered from a network of more than 17,000+ field agents with the technological power of its cloud-based redihive(TM) environment to propel the next generation of businesses that provide insight into residential and commercial properties. The organization has its Canadian head office in Toronto, Ontario as well as a U.S. office in Chicago. Additional information about Real Matters is available at www.realmatters.com.

SOURCE Wellington Financial LP



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