Stewart Purchases Valuation Company

October 29, 2020

Stewart Appraisals Management, a subsidiary of Stewart Information Services, has acquired Pro-Teck Services Ltd, which does business as Pro Teck Valuation Intelligence.

“As we continue to invest in Stewart’s future, this acquisition adds innovative technology, data and analytics to our growing valuation businesses, critical for driving future business,” said Stewart CEO Fred Eppinger. “Pro Teck’s added scale and capabilities takes us one step closer to becoming the Premier Title Services Company, allowing us to increase our services for our customers.”

Pro Teck has provided valuations in the residential space for more than 40 years. The company offers its proprietary technology Valuation Intelligence, a cloud-based fulfillment platform, as well as a SaaS solution that allows lenders to manage the appraisal process in-house. Pro Teck’s products include appraisals, desktop appraisals, BPOs, desktop reviews, AVMs, data/analytics and hybrid solutions.

“We are very excited to become part of the Stewart family,” said Tom O’Grady, CEO of Pro Teck Valuation Intelligence. “Stewart’s commitment to building their appraisal and valuation capabilities into a dominant market leader was attractive to us. With the strength of Stewart, and the synergies with Stewart’s existing appraisal and valuation operations, we will be able to bring much greater value and competitive advantage to our clients.”

In June, Stewart acquired United States Appraisals.


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