“We were approached by several AMCs who wanted to partner with us, only to add numbers to their bottom line,” Integrity president Shawn Thompson said. “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.”
Employees of the acquired company will remain on board, with Thompson leading the Integrity division as president. “They have a proven team, and Shawn will be essential to our ability to continue delivering superior service to their clients,” Velamati said.
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“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,” added Neil Carter, head of US private equity at Arcapita, NPAS’ parent company.
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