Winter Park, FL – February 1, 2023
1858 Capital Partners, a middle-market M&A advisory firm, announced the sale of a regional appraisal management company, to a portfolio company of a nationally recognized private equity group.
1858 Capital Partners served as the exclusive financial advisor in the transaction, which was led by Managing Director Michael Skat, along with Vice Presidents Tom Harrington, CFA and Adam McKinnon, and Analyst Hali Marshall.
“We are excited to join forces with our new owner and contribute to their mission of providing top-quality valuation services,” said the Seller. “This acquisition is a win for both companies, and we are confident it will be a smooth transition for our team and clients. I would like to express my appreciation to the members of 1858 Capital Partners for all the time and effort put forth to complete the sale.”
1858 Capital Partners played a crucial role by providing financial advisement and strategic guidance throughout the process. “We are pleased to have been able to assist the owner and other stakeholders in this important transaction,” said Michael Skat, Managing Director at 1858 Capital Partners. “The respective teams worked diligently with all advisors to complete the sale. We believe 1858 was able to maximize the outcome for our client while providing a great opportunity for future success and value enhancement.”
The financial terms of the transaction were not disclosed.
