“We are well positioned to embark on a clear growth path with the Accurate Group in the coming years, both organically and through the implementation of a curated M&A strategy,” said Bahl. “We look forward to providing our expertise and capital to support the Accurate Group as it expands in North America as a premium technology service provider.”
Accurate Group said it has attracted business from leading US financial institutions through its technology platform.
“This new inflow of capital from Novacap will allow us to grow our AppraisalWorks platform and SaaS business, make transformative acquisitions, and continue to invest in technology innovations and customer service initiatives to better serve banks, credit unions, non-bank lenders and capital markets firms serve. “” said Paul Doman, President and CEO of Accurate Group. “We are very excited to partner with Novacap to accelerate the next stage of our growth.”