Chuck Dannis
A prominent Dallas real estate appraisal and consulting firm is merging its operations with a larger company.
Crosson Dannis INC. said Thursday that it has signed a letter of intent to combine its operations with Denver-based National Valuation Consultants Inc.
National Valuation Consultants is one of the country’s largest, privately held commercial appraisal and advisory firms with about 100 employees working in offices in Denver, Morristown, Houston, Atlanta, Chicago, Cincinnati and Tampa.
The company has been in business since 1991.
It’s founder Larry Stark previously worked with Crosson Dannis, which dates back to 1981.
The two companies have been in merger talks for over a year.
“With the addition of the professional staff at Crosson Dannis, we not only plan to aggressively expand our already broad coverage of the southwest U.S. market, but also increase our national litigation support group,” Stark said in a statement.
Crosson Dannis cofounder Chuck Dannis will head National Valuation Consultant’s new Dallas operation. And Steve Crosson will be an outside, independent consultant to the firm.