Dart Appraisal, an appraisal management company, recently announced it has partnered with Corridor Capital, a Los Angeles-based private equity firm to accelerate its growth plans, according to a press release.

This strategic collaboration will reinforce Dart Appraisal's position as a frontrunner in the AMC marketplace, enabling the company to expand its services and reach.

"Partnering with Corridor allows us to continue on our growth trajectory while enhancing the services we provide to our customers," Dart Appraisal CEO Michael Dresden said in the release. "With their support, we will accelerate our expansion across new geographies, product lines, and market segments. Over the past 32 years, we have experienced steady growth through both challenges and successes. We believe the time is right to take our efforts to the next level and chose to work with Corridor Capital because of their extensive track record accelerating the growth of companies like Dart Appraisal. One of the key considerations for me when choosing a partner was their commitment to our exceptional standards of customer care.

“Our Dart DNA is unchangeable; it's a core aspect that our customers truly appreciate. Corridor shares this belief in our culture and agility, and I want to emphasize that our people and systems will remain constant throughout this partnership,” Dresden added. “I am confident in our future and have personally invested in the company, ensuring brand continuity and a vested interest in Dart Appraisal's success. We are proud of all we've accomplished so far and are excited about the increased growth and innovation yet to come."

Craig Enenstein, CEO of Corridor Capital, expressed his confidence over this partnership.

"We are thrilled to join forces with Dart Appraisal,” he said. “Our focus is on allying with companies that have a strong market leadership position, a history of profitable growth and enduring customer relationships. Dart embodies all of these qualities, and we look forward to supporting their ambitious plans for the future."