--- title: "Capstreet-backed CBC Appoints Matt Briggs and Jorge de Castro to its Board of Directors" description: "FRESNO, CA, September 12, 2022, Credit Bureau Connection (“CBC” or “the Company”), a provider of credit report and compliance solutions to automotive..." url: https://capstreet.multisites.ai/news/capstreet-backed-cbc-appoints-matt-briggs-and-jorge-de-castro-to-its-board-of-directors publisher: Capstreet phone: +1-713-332-2700 contact: https://capstreet.multisites.ai/contact --- # Capstreet-backed CBC Appoints Matt Briggs and Jorge de Castro to its Board of Directors AutomotivePublished September 12, 20223 min read ![Capstreet team members at Houston Reads Day](https://capstreet.multisites.ai/_astro/houston-reads-day.DxNd9bIr_Z23gxjt.webp) FRESNO, CA, September 12, 2022 – Credit Bureau Connection (“CBC” or “the Company”), a provider of credit report and compliance solutions to automotive dealers, lenders, and other end markets, today announced the appointments of Matt Briggs and Jorge de Castro to the Company’s Board of Directors. CBC is backed by Capstreet, a Houston-based lower middle market private equity firm. “Matt and Jorge are outstanding additions to the CBC Board, bringing complementary abilities to the table,” said David Carner, CEO of CBC. “Matt’s experience in automotive credit and compliance gives him good insights into where the market is headed. Jorge has more than 20 years of experience as a global growth strategy and marketing leader in the broader credit space, with a firm grasp on how to drive growth investments in highly competitive and regulated markets.” Mr. Briggs is Executive Vice President of Strategy for Self, Inc., a financial technology company with a mission to help people build credit. He began his entrepreneurial career founding 700Credit, a provider of credit reports in the automotive sector. He was also Founder and CEO of ScreeningOne, an innovative background and tenant screening reseller, and a co-founder of ApplicantOne/CreditDriver, which authenticates and pre-qualifies consumers for auto loans. “I see significant opportunities within the evolving areas of automotive credit reports and compliance, and I’m excited by the approach and direction CBC is taking to advance its goal of delivering greater value to its customers,” said Mr. Briggs. “I look forward to working with David, Jorge and the rest of the Board.” Mr. de Castro is Senior Vice President and business unit leader for My LendingTree, LendingTree’s membership-based financial wellness business and Strategic Partnerships for the company. LendingTree is a leading online loan marketplace for various financial borrowing needs including auto loans, small business loans, personal loans, credit cards, and more. Before joining LendingTree, he was Head of Strategy for Global Consumer Solutions for Equifax, where he helped craft, launch, and acquire the company’s financial wellness businesses and key fintech partnerships in both B2C and B2B2C markets across the US, UK, and Canada. Mr. de Castro has also held senior leadership positions overseeing and growing key consumer brands at Kraft, Georgia Pacific, and P&G, that began after a career in banking in the financial services industry. “I’m pleased to be joining the board of CBC,” said Mr. de Castro. “I look forward to applying my practical experience in corporate development and strategy in credit, data and financial services to the Company’s present business and future development.” “Matt has unparalleled knowledge of the automotive credit industry, while Jorge’s experience in the general credit space gives him an understanding of the broader opportunities for the company. Both will provide important guidance to the CBC leadership team.” added Rick Pleczko, CEO of the Operating Executive Group at Capstreet, and Executive Chair at CBC. ## **About CBC** CBC offers credit report and compliance solutions to the automotive and general consumer finance industries across the United States. The Company optimizes and automates the consumer finance qualification process through a fast, easy-to-use, and secure software platform made available to its extensive network of software affiliate partners. CBC’s products and solutions place a heavy emphasis on compliance and identity verification to support the credit application and credit report process. Please visit [www.creditbureauconnection.com](http://www.creditbureauconnection.com/) for additional information. ## **About Capstreet** Founded in 1990, Capstreet invests in lower middle market software, tech-enabled services, and industrial business services companies. With over 45 platform investments and over 200 add-on acquisitions since inception, Capstreet’s investment strategy is focused on utilizing its Capvalue Framework™ to help accelerate growth and profitability and create long term sustainable businesses. The majority of Capstreet’s investments have been with founder- or entrepreneur-owned businesses. For more information, visit the Capstreet website, [www.capstreet.com](https://capstreet.multisites.ai/). ## Terms on this page - [Lower Middle Market](https://capstreet.multisites.ai/glossary/lower-middle-market) - [Private Equity](https://capstreet.multisites.ai/glossary/private-equity) ## Keep reading - [Automotive technology private equity for dealer-focused companiesCapstreet invests in automotive technology businesses that help dealerships. The firm targets solutions for sales, marketing, finance and insurance, and service lane operations. It describes several recent investments in the sector and looks for owners with $3 to $15 million of EBITDA who want a majority capital partner.](https://capstreet.multisites.ai/industries/automotive) - [Business Succession and Exit Options: How to Choose the Right Next Step for Your CompanyOwners have five main exit paths: transfer to family, sell to management, sell to employees through an ESOP, sell to a strategic buyer, or partner with private equity. Each trades price, speed, control and legacy differently. Start planning at least three to five years before you want to step back.](https://capstreet.multisites.ai/business-succession-and-exit-options) - [Buy and Build Strategy: How a Platform Company Grows Through Add-On AcquisitionsA buy and build strategy starts with one well-run platform company and adds smaller businesses to it over time. The goal is a larger, more capable company than any single piece could be. It fits fragmented industries best. 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We invest across 12 industries.](https://capstreet.multisites.ai/deal-criteria) - [The due diligence checklist for owners selling to private equityDue diligence is the buyer's check of your business after you sign a letter of intent. Private equity firms review five areas: financial (quality of earnings), operations, tax, HR and benefits, and legal. Owners who gather clean records before the process starts shorten it and face fewer surprises.](https://capstreet.multisites.ai/guides/due-diligence-checklist-for-owners) ## Ready to get started? Let’s talk. Tell us about your company and what you want next. Conversations are private, and there is no obligation. [Start a conversation](https://capstreet.multisites.ai/contact) [(713) 332-2700](tel:+1-713-332-2700)[connect@capstreet.com](mailto:connect@capstreet.com) ![Capstreet team members at a Houston elementary school for Houston Reads Day](https://capstreet.multisites.ai/_astro/houston-reads-day.DxNd9bIr_tggWP.webp)