Appraisal Network of Minnesota Inc. Acquires Capital Appraisals, Inc.

The steadily falling revenues of the Capital Appraisals, Inc. for past five quarters forced for auction. We did not get the actual sell figure yet.

Appraisal Network of Minnesota Inc. P.O. Box 21775 St. Paul, MN 55121 has announced the acquisition of Acquires Capital Appraisals, Inc. 971 Sibley Memorial Highway, St. Paul, MN 55118.

Capital Appraisals, Inc. was one of the oldest established appraisal companies in the Minneapolis/St. Paul Metropolitan Area, having served our clients for 36 years. The experience and reputation earned by the Capital Appraisals, Inc. should boost the bottom line productivity of the Appraisal Network of Minnesota Inc.

While Mr. Vincent E. Scott is pleased with the Company’s growth and success, they recognize that the business is well positioned for continued growth over both the near term and long term. However, new ownership with greater capital and human resources may be better suited to take advantage of exciting growth opportunities.

Appraisal Network of Minnesota Inc. is one of the leading appraisal services and home inspections service providing company. Mr. Vincent E. Scott the owner of Appraisal Network of Minnesota Inc. (parent company) has told the online press media that his company would keep doing such acquisitions in future too. Mr Scott is known as the famous business personality in the St. Paul city. He will keep the CEO post of the both companies.

“We look forward to delighting the residents of St. Paul city and the customers of Capital Appraisals, Inc. are requested to deal with the Appraisal Network of Minnesota Inc. only” said Vincent Scott.

Mr. Scott is more likely to reduce the staff numbers of Capital Appraisals, Inc.  

The Capital Appraisals, Inc. strong client relationships and long-standing reputation present clear opportunities to increase market share of Appraisal Network of Minnesota Inc. Developing a marketing program and pursuing geographic expansion present exciting areas for more aggressive management to pursue immediate growth through the injection of capital and human resources.

Mr. Vincent E. Scott is the CEO of Appraisal Network of Minnesota Inc. P.O. Box 21775 St. Paul, MN 55121. Ph: 651-765-0582, Fax: 651-765-0690