Nationwide Property & Appraisal Services LLC (NPAS), a national appraisal management company (AMC) owned by Arcapita, has acquired Integrity Appraisal Management (Integrity), a regional AMC based in Houston, TX. This strategic partnership will further solidify Nationwide Property & Appraisal Services’ market share and will create significant growth opportunities for both organizations.
The acquisition of Integrity Appraisal Management represents an important milestone for Nationwide Property & Appraisal Services, strengthening its ability to expand market reach, provide innovative solutions, and enhance product/service offerings, all centered around delivering an exceptional customer experience. This strategic alignment will enable NPAS to capitalize on synergies, streamline operations, and deliver unparalleled value to its customers and stakeholders.
“Integrity Appraisal Management’s unparallel platform in Texas and surrounding southern states is due to their talented team. We are excited to grow the combined organization and offer our combined customer base a national platform with a regional experience,” stated Sri Velamati, Nationwide Property & Appraisal Services’ CEO. “This acquisition perfectly aligns with our long-term vision and strategy to grow with our customers and innovate in the industry. By combining our strengths, we are confident in our ability to create a stronger, more competitive organization and drive further success.”
President of Integrity, Shawn Thompson, added, “We were approached by several AMCs who wanted to partner with us, only to add numbers to their bottom line. We knew they were different from the first time we met with the executive team at NPAS. They have experience and a reputation of partnering with AMCs who share their values.”
Velamati said, “We are glad that Shawn is staying on as the President of the Integrity division. They have a proven team, and Shawn will be essential to our ability to continue delivering superior service to their clients.”
Neil Carter, Managing Director and Arcapita’s Head of US Private Equity, said: “The acquisition of Integrity Appraisal Management is a key milestone in the growth journey of NPAS, and we are pleased to have played a vital role in strengthening its leadership position in the industry.”
As part of the acquisition, Integrity Appraisal Management’s employees will become integral members of the Nationwide Property & Appraisal Services team, contributing their knowledge and skills to support expansion and future endeavors. The experienced leadership from both organizations will work closely to ensure a seamless integration process and maintain exceptional customer service during this transition.
With this acquisition, Nationwide Property & Appraisal Services is committed to upholding the highest quality, innovation, and customer satisfaction standards. The expanded resources and capabilities gained through this acquisition will empower them to deliver enhanced solutions and exceed the expectations of their valued customers.
Nationwide Property & Appraisal Services was acquired by Arcapita, a premier alternative asset manager, in 2022.
The Place for Lending Visionaries and Thought Leaders. We take you beyond the latest news and trends to help you grow your lending business.