StoicLane Appoints Igor Simkin as CEO of Concordia Group Holdings
CHICAGO--(BUSINESS WIRE)--May 23, 2022--
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CHICAGO--(BUSINESS WIRE)--May 23, 2022--
Arcapita Group Holdings has acquired a controlling stake in Nationwide Property and Appraisal Services for an undisclosed price.
<p><span>StoicLane, a long-term growth platform making controlling and strategic minority investments in the Finance, Insurance & Real Estate (“FIRE”) verticals, today announced that it has closed on a majority stake in appraisal management company Lender’s Valuation Services (“LVS”). StoicLane and LVS intend to work together to drive innovation and growth in the appraisal industry.</span></p>
The deal is the investment company’s second since it launched on Sept. 28.