Bolstering Opteon’s Footprint in the U.S. Market
On behalf of Opteon, Australia and New Zealand’s largest independent valuation professional services firm, we helped secure the acquisition of The William Fall Group and its related brands – Valuation Partners and Summit Valuation Solutions.
Assisting Opteon with regulatory and corporate/contractual due diligence, as well as the preparation and negotiation of the purchase agreement and ancillary documents, the matter involved a wide variety of complex legal issues, including corporate, employment, regulatory, intellectual property and taxation.
The transaction bolsters Opteon’s footprint in the U.S. market, and marks another milestone in a period of significant international growth for the company. Opteon will use the acquisition to fortify its U.S. entity, Apex Appraisal Services (now known as Opteon AMC), with 165 full and part-time employees, bringing its total workforce to 276. The appraisal management operations for Valuation Partners and Summit Valuation Solutions will now function as a division of Opteon AMC, while The William Fall Group and any future Opteon staff appraiser entities will be housed under Opteon Appraisal, Inc.