Meyers Group Secures Growth Funds

The Meyers Group, Irvine-based provider of residential development information, research and consulting services, said it has secured $18.5 million in funding to finance growth and expansion.

The second-round funding was led by AGL Capital Investments, which invested $11.25 million in Meyers Group Series B Convertible Preferred Stock. AEW Partners III invested $7.25 million.

Meyers group has made 10 acquisitions in past years as part of a nationwide expansion program.