StoicLane, a long-term growth platform focused on acquisitions to support digitizing finance, insurance and real estate, has acquired Brentwood Property Appraisal, an appraisal management company.

The deal partnership results in StoicLane providing capital, operational expertise and technical infrastructure to accelerate Brentwood’s growth in new markets and create innovation for the appraisal industry. Brentwood is a registered appraisal management firm offering appraisal compliance required by federal and state laws. The deal is the second investment by Stoic’s mortgage services affiliate.

“In the past two-plus decades, BPA has carved out a successful niche in the high-end residential appraisal management sector, which is a key market for StoicLane,” said Al Goldstein, co-founder, CEO, and chairman of StoicLane. “We are pleased to be collaborating with BPA’s talented leaders to continue driving client satisfaction with cutting-edge technology and seeking new opportunities within the appraisal industry.”

The Christensen Law Firm and Raines Feldman LLP served as advisors for Brentwood Property Appraisal. Jones & Spross PLLC, Kirkland & Ellis LLP and Alston & Bird LLP served as advisors for StoicLane.