THE WILLIAM FALL GROUP ACQUIRES SUMMIT VALUATIONS
Toledo, Ohio, October 20, 2017 –The William Fall Group, a national real estate appraisal firm and parent company of Valuation Partners and WFG, has acquired Summit Valuations, a nationwide provider of valuation services with particular expertise in loan servicing and capital markets.Summit Valuations will operate as a subsidiary of The William Fall Group out of its Des Plaines, Illinois location.
Founded in 2007, Summit Valuations provides alternative valuation services for a diverse number of banks, credit unions, mortgage servicers, originators and investors. Summit’s panel of trained employees will be retained as part of the transaction, with Summit president Ron Ahlensdorf, Jr., an 18-year appraisal industry veteran, serving as president of the subsidiary.
With the acquisition, The William Fall Group continues to expand on its diversified goals, aimed at becoming one of the top five privately held U.S. valuation companies.
“Acquiring Summit Valuations will help produce new opportunities within the loan servicing and capital markets area, as we have quite a bit of crossover in our capabilities,” said William Fall, CEO of The William Fall Group. “Ron and the good team at Summit Valuations provide best in class services to their clients. Their staff has broad experience and they are in total alignment with our culture. This union is ideal on many levels and we look forward to the success it will bring.”
“The joining of forces is a perfect fit,” said Ron Ahlensdorf, Jr., President of Summit Valuations. “As a united front, there is a combined experience to capture more of the market and push to become a top valuation company.”
The William Fall Group, along with Valuation Partners, provides comprehensive nationwide coverage for quality appraisals through its network of geographically competent professionals, including employee staff appraisers. As a third-party intermediary, the company keeps originators informed while protecting the integrity of the process and assuring regulatory compliance. Every appraisal is backed by a dedicated account team available six days a week, Monday through Saturday.