Two privately-held real estate transaction services companies based in Cleveland have formed a strategic partnership. Accurate Group Holdings Inc. has announced that it has made an undisclosed investment to solidify its partnership with national title and settlement company OPTIMA Lender Services LLC. The investment and partnership signifies the interest of these privately-held companies to work together more closely to help grow each business.
"We're excited to be associated with an industry leader experiencing explosive growth nationally," says OPTIMA CEO Monique Winston. A newer player in the real estate transaction space, the certified Minority Business Enterprise (MBE) launched in 2011, has already earned recognition and secured major clients. "Although Accurate is larger than we are and has been around longer, they share our high standards of excellence and an interest in utilizing cutting-edge, customer-friendly technology solutions."
The two companies also share a commitment to inclusion.
"It was great to find a respected MBE partner demonstrating its desire to impact minority- and women-owned enterprises positively," says Paul Doman, CEO of Accurate. "OPTIMA's presence in the first mortgage space will further enhance our offerings and broaden our market opportunities. We are proud to partner with OPTIMA to expand our business and our commitment to diversity."
OPTIMA is on pace to double its revenue in 2013 and expects to expand its market share by leveraging its newest partner's cost-effective valuation appraisal capabilities. Accurate continues to experience rapid growth in 2013 and is actively adding capabilities and investing in new opportunities to execute on its aggressive growth plans.