Narrow Gauge Capital buys Class Appraisal
Narrow Gauge Capital said March 26 that it closed its buy of Class Appraisal LLC. Financial terms weren’t announced. ICG Strategic Equity and Aberdeen Standard Investments co-invested in the deal. Class Appraisal, of Troy, Michigan, provides real estate asset valuation and appraisal management solutions to the residential mortgage industry. Keefe Bruyette & Woods provided financial advice to Class Appraisal in the transaction, while Bass Berry & Sims PLC served as legal counsel. Berkery Noyes acted as financial adviser to NGC, and Winston & Strawn LLP served as legal counsel.
27 March 2018•3 mins read
