Nationwide Property & Appraisal Services (NPAS) has acquired Houston-based Integrity Appraisal Management.
The financial terms of the transaction were not disclosed. Integrity President Shawn Thompson and his employees will remain in their positions as the acquired company becomes a division of NPAS.
“We were approached by several AMCs who wanted to partner with us, only to add numbers to their bottom line,” said Thompson. “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.”
“By combining our strengths, we are confident in our ability to create a stronger, more competitive organization and drive further success,” said Sri Velamati, CEO of Voorhees Township, New Jersey-based Nationwide Property & Appraisal Services. “We are excited to grow the combined organization and offer our combined customer base a national platform with a regional experience.”
