H-Cube, LLC has announced the acquisition of Global Realty Outsourcing, Inc. (GRO), a business process outsourcing (BPO) company specializing in the real estate and mortgage industries. H-Cube was formed in January 2005 by Henry Hortenstine and GTCR Golder Rauner (GTCR), one of the nation’s leading private equity firms, with the strategy of building a premier global business process outsourcing firm. The GRO acquisition follows H-Cube's acquisition in May 2005 of Zenta, a provider of business process outsourcing services to the financial services industry.

GRO provides onshore/offshore outsourcing solutions to the real estate and financial services industries, including analytical and underwriting support for capital markets, asset management services, and commercial and residential mortgage servicing. GRO has supported real estate transactions involving over 23,000 properties totaling $300 billion in value. Headquartered in Stamford, CT, GRO employs over 850 professionals and supports its clients from operations centers in Charlotte, NC and Chennai, India.