{"id":2267,"date":"2021-07-12T10:00:03","date_gmt":"2021-07-12T10:00:03","guid":{"rendered":"https:\/\/classvaluation.wpengine.com\/?post_type=latest_news&p=2267"},"modified":"2021-09-02T10:50:01","modified_gmt":"2021-09-02T10:50:01","slug":"gridiron-capital-partners-with-class-valuation","status":"publish","type":"latest_news","link":"https:\/\/www.classvaluation.com\/latest_news\/gridiron-capital-partners-with-class-valuation\/","title":{"rendered":"Gridiron Capital Partners with Class Valuation"},"content":{"rendered":"

Partners with Leading Nationwide Appraisal Management Company to Drive Innovation,<\/em>
\nEnhance Market Leadership in Residential Valuation Services<\/em><\/p>\n

NEW CANAAN, CT, April 8, 2021<\/strong> \u2013 Gridiron Capital, LLC (\u201cGridiron Capital\u201d), an investment firm focused on partnering with founders, entrepreneurs, and management teams, today announced it has acquired Class Valuation (the \u201cCompany\u201d), a leading, technology-enabled appraisal management company (\u201cAMC\u201d) focused on providing regulatory-compliant appraisals to the nation\u2019s largest mortgage lenders and originators. Gridiron Capital will partner with and support Class Valuation\u2019s management team as they continue to execute on a shared vision for growth and strategic innovation within the residential valuation services industry. Gridiron is acquiring Class Valuation from Narrow Gauge Capital (\u201cNGC\u201d), which will retain minority ownership in the Company.<\/p>\n

Headquartered in Troy, Michigan, Class Valuation is a leading nationwide appraisal management company. The Company\u2019s proprietary technology enhances every aspect of the home valuation process and leverages advanced analytics and data to assess appraisal accuracy and regulatory compliance. Leveraging technology across all workflows within the appraisal management process allows Class Valuation to deliver high quality valuations to residential mortgage lenders with industry-leading turnaround times.<\/p>\n

\u201cClass Valuation has experienced substantial growth over the last several years as a result of providing clients with industry leading appraisal turnaround times and consistently strong customer service. With Gridiron\u2019s partnership, we look forward to building on this momentum,\u201d said John Fraas, Chief Executive Officer of Class Valuation. \u201cWe plan to leverage Gridiron\u2019s extensive experience investing in technology-enabled business services to remain at the forefront of the home valuation industry.\u201d<\/p>\n

\u201cWe are excited to partner with this outstanding management team and leverage our firm\u2019s Centers of Excellence to maximize the Company\u2019s potential,\u201d said Tom Burger, Managing Partner at Gridiron Capital. \u201cGridiron Capital has extensive experience investing in similar business models that utilize technology to compete more effectively, and we are confident this partnership will position Class Valuation for further growth and continued long-term success.\u201d<\/p>\n

\u201cThis is a great opportunity to bring together Class Valuation\u2019s superior model, and Gridiron\u2019s relevant experience in technology-enabled business services to create a market leader in the residential valuation services industry,\u201d said Will Hausberg, Managing Director at Gridiron Capital.<\/p>\n

\u201cSince Narrow Gauge partnered with Class Valuation in 2018, the Company has established itself as the technology and service leader in its market. We are grateful to the management team for their hard work in building the Company, and are excited to be involved in its future success,\u201d said Adam Doctoroff, Partner at Narrow Gauge Capital.<\/p>\n

Jefferies LLC served as lead investment banking advisor to Class Valuation, with Berkery Noyes also advising and Winston & Strawn serving as legal counsel. William Blair & Company provided investment banking advisory for Gridiron Capital with Finn Dixon & Herling LLP serving as legal counsel.<\/p>\n

About Class Valuation <\/strong>
\nClass Valuation is a top nationwide Appraisal Management Company (AMC), delivering outstanding quality and service to every client. The company is committed to combining the best people, products, processes, and technology available to help lenders make more homeownership dreams come true. Class has consistently been ranked highly in client service by several of the nation's top ten mortgage lenders and has been recognized as a top place to work, along with receiving many other industry awards. Founded in 2009, Class Valuation is headquartered in Troy, Michigan. For more information, please visit www.classvaluation.com<\/a>.<\/p>\n

About Gridiron Capital, LLC<\/strong>
\nGridiron Capital is an investment firm focused on partnering with founders, entrepreneurs, and management teams, and creating value by building middle-market companies into industry-leaders in branded consumer, B2B and B2C services, and niche industrial segments in the United States and Canada. We help transform growing companies by winning together through hard work, partnerships grounded in shared values and a unique culture that comes from hands-on experience building and running businesses. As a team led by former operators and entrepreneurs, we know what it takes to run successful businesses on a day-to-day basis. Additional information is available on the firm\u2019s website: www.gridironcapital.com<\/a>.<\/p>\n

About Narrow Gauge Capital<\/strong>
\nNarrow Gauge Capital is a private equity firm controlled by Adam Doctoroff and Travis Metz, who formerly invested with Monitor Clipper Partners. NGC typically invests between $20 million and $75 million of equity in transactions where an existing founder or family retains a meaningful ownership stake and partners with NGC to drive the further development of the business. NGC is currently pursuing transactions in areas where it has specialized expertise, including health care services, financial services technology, building products, distribution and logistics.<\/p>\n

###<\/strong><\/p>\n

For Additional Information: <\/strong>
\nFor Gridiron Capital, LLC:<\/strong>
\nTom Burger, Managing Partner, Gridiron Capital, LLC
\ntburger@gridironcapital.com<\/a><\/p>\n

Gridiron Capital Media Contact:<\/strong>
\nJon Keehner \/ Julie Hamilton
\nJoele Frank, Wilkinson Brimmer Katcher
\n212-355-4449<\/a><\/p>\n

For Class Valuation: <\/strong>
\nNick Butterfield, Director of Marketing, Class Valuation
\nNbutterfield@classvaluation.com<\/a><\/p>\n

For Narrow Gauge Capital: <\/strong>
\nAdam Doctoroff, Partner, Narrow Gauge Capital
\nadoctoroff@narrowgaugecapital.com<\/a><\/p>\n","protected":false},"featured_media":0,"parent":0,"template":"","meta":{"_acf_changed":false,"content-type":"","om_disable_all_campaigns":false},"news_category":[17,15],"class_list":["post-2267","latest_news","type-latest_news","status-publish","hentry","news_category-featured","news_category-press-releases"],"acf":[],"yoast_head":"\nGridiron Capital Partners with Class Valuation - Class Valuation<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.classvaluation.com\/latest_news\/gridiron-capital-partners-with-class-valuation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gridiron Capital Partners with Class Valuation - Class Valuation\" \/>\n<meta property=\"og:description\" content=\"Partners with Leading Nationwide Appraisal Management Company to Drive Innovation, Enhance Market Leadership in Residential Valuation Services NEW CANAAN, CT, April 8, 2021 \u2013 Gridiron Capital, LLC (\u201cGridiron Capital\u201d), an investment firm focused on partnering with founders, entrepreneurs, and management teams, today announced it has acquired Class Valuation (the \u201cCompany\u201d), a leading, technology-enabled appraisal management […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.classvaluation.com\/latest_news\/gridiron-capital-partners-with-class-valuation\/\" \/>\n<meta property=\"og:site_name\" content=\"Class Valuation\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/classvaluation\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-02T10:50:01+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@classvaluation\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.classvaluation.com\\\/latest_news\\\/gridiron-capital-partners-with-class-valuation\\\/\",\"url\":\"https:\\\/\\\/www.classvaluation.com\\\/latest_news\\\/gridiron-capital-partners-with-class-valuation\\\/\",\"name\":\"Gridiron Capital Partners with Class Valuation - Class Valuation\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.classvaluation.com\\\/#website\"},\"datePublished\":\"2021-07-12T10:00:03+00:00\",\"dateModified\":\"2021-09-02T10:50:01+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.classvaluation.com\\\/latest_news\\\/gridiron-capital-partners-with-class-valuation\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.classvaluation.com\\\/latest_news\\\/gridiron-capital-partners-with-class-valuation\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.classvaluation.com\\\/latest_news\\\/gridiron-capital-partners-with-class-valuation\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.classvaluation.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gridiron Capital Partners with Class Valuation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.classvaluation.com\\\/#website\",\"url\":\"https:\\\/\\\/www.classvaluation.com\\\/\",\"name\":\"Class Valuation\",\"description\":\"Nation's Largest Appraisal Management Company\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.classvaluation.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.classvaluation.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.classvaluation.com\\\/#organization\",\"name\":\"Class Valuation\",\"url\":\"https:\\\/\\\/www.classvaluation.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.classvaluation.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.classvaluation.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Class-Valuation-Logo_wide-2color.png\",\"contentUrl\":\"https:\\\/\\\/www.classvaluation.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/Class-Valuation-Logo_wide-2color.png\",\"width\":390,\"height\":55,\"caption\":\"Class Valuation\"},\"image\":{\"@id\":\"https:\\\/\\\/www.classvaluation.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/classvaluation\",\"https:\\\/\\\/x.com\\\/classvaluation\",\"https:\\\/\\\/www.instagram.com\\\/classvaluation\\\/\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Gridiron Capital Partners with Class Valuation - Class Valuation","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.classvaluation.com\/latest_news\/gridiron-capital-partners-with-class-valuation\/","og_locale":"en_US","og_type":"article","og_title":"Gridiron Capital Partners with Class Valuation - Class Valuation","og_description":"Partners with Leading Nationwide Appraisal Management Company to Drive Innovation, Enhance Market Leadership in Residential Valuation Services NEW CANAAN, CT, April 8, 2021 \u2013 Gridiron Capital, LLC (\u201cGridiron Capital\u201d), an investment firm focused on partnering with founders, entrepreneurs, and management teams, today announced it has acquired Class Valuation (the \u201cCompany\u201d), a leading, technology-enabled appraisal management […]","og_url":"https:\/\/www.classvaluation.com\/latest_news\/gridiron-capital-partners-with-class-valuation\/","og_site_name":"Class Valuation","article_publisher":"https:\/\/www.facebook.com\/classvaluation","article_modified_time":"2021-09-02T10:50:01+00:00","twitter_card":"summary_large_image","twitter_site":"@classvaluation","twitter_misc":{"Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.classvaluation.com\/latest_news\/gridiron-capital-partners-with-class-valuation\/","url":"https:\/\/www.classvaluation.com\/latest_news\/gridiron-capital-partners-with-class-valuation\/","name":"Gridiron Capital Partners with Class Valuation - Class Valuation","isPartOf":{"@id":"https:\/\/www.classvaluation.com\/#website"},"datePublished":"2021-07-12T10:00:03+00:00","dateModified":"2021-09-02T10:50:01+00:00","breadcrumb":{"@id":"https:\/\/www.classvaluation.com\/latest_news\/gridiron-capital-partners-with-class-valuation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.classvaluation.com\/latest_news\/gridiron-capital-partners-with-class-valuation\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.classvaluation.com\/latest_news\/gridiron-capital-partners-with-class-valuation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.classvaluation.com\/"},{"@type":"ListItem","position":2,"name":"Gridiron Capital Partners with Class Valuation"}]},{"@type":"WebSite","@id":"https:\/\/www.classvaluation.com\/#website","url":"https:\/\/www.classvaluation.com\/","name":"Class Valuation","description":"Nation's Largest Appraisal Management Company","publisher":{"@id":"https:\/\/www.classvaluation.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.classvaluation.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.classvaluation.com\/#organization","name":"Class Valuation","url":"https:\/\/www.classvaluation.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.classvaluation.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.classvaluation.com\/wp-content\/uploads\/2024\/07\/Class-Valuation-Logo_wide-2color.png","contentUrl":"https:\/\/www.classvaluation.com\/wp-content\/uploads\/2024\/07\/Class-Valuation-Logo_wide-2color.png","width":390,"height":55,"caption":"Class Valuation"},"image":{"@id":"https:\/\/www.classvaluation.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/classvaluation","https:\/\/x.com\/classvaluation","https:\/\/www.instagram.com\/classvaluation\/"]}]}},"_links":{"self":[{"href":"https:\/\/www.classvaluation.com\/wp-json\/wp\/v2\/latest_news\/2267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.classvaluation.com\/wp-json\/wp\/v2\/latest_news"}],"about":[{"href":"https:\/\/www.classvaluation.com\/wp-json\/wp\/v2\/types\/latest_news"}],"wp:attachment":[{"href":"https:\/\/www.classvaluation.com\/wp-json\/wp\/v2\/media?parent=2267"}],"wp:term":[{"taxonomy":"news_category","embeddable":true,"href":"https:\/\/www.classvaluation.com\/wp-json\/wp\/v2\/news_category?post=2267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}