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Announced

Completed

Gridiron Capital completed the acquisition of a majority stake in Class Valuation from Narrow Gauge Capital.

Financials

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Transaction Value-
Consideration TypeCash
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EV/EBITDA-
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One Off Charge-

Tags

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appraisal management company

Completed

Private

Friendly

United States

Acquisition

Private Equity

Single Bidder

Real Estate Services

Domestic

Majority

Synopsis

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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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