Announced
Completed
Financials
Tags
appraisal management company
Completed
Private
Friendly
United States
Acquisition
Private Equity
Single Bidder
Real Estate Services
Domestic
Majority
Synopsis
Gridiron Capital, an investment firm focused on partnering with founders, entrepreneurs, and management teams, completed the acquisition of a majority stake in Class Valuation, a technology-enabled appraisal management company, from Narrow Gauge Capital. Financial terms were not disclosed. "Class Valuation has experienced substantial growth over the last several years as a result of providing clients with industry leading appraisal turnaround times and consistently strong customer service. With Gridiron's partnership, we look forward to building on this momentum. We plan to leverage Gridiron's extensive experience investing in technology-enabled business services to remain at the forefront of the home valuation industry," John Fraas, Class Valuation CEO.
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