Accurate Group Holdings, a Cleveland-based real estate transaction service provider, closed on the acquisition of Preferred Appraisal, based in Northbrook, Ill.

As a result, the company plans to continue to promote the desktop appraisal solution ValueNet brand, service levels, operations while support existing ValueNet reseller’s throughout the country.

"We are thrilled to partner with Scott Waxman and Tom Beath, the founders of ValueNet," said Paul Doman, Accurate Group president and CEO.        

"We are excited about how this investment will help us diversify our client-base, reseller relationships and further accelerate our growth," he added.