CHICAGO–(BUSINESS WIRE)–StoicLane, a long-term growth platform making strategic acquisitions to support digitizing Finance, Insurance & Real Estate verticals, today announced that Igor Simkin has been appointed Chief Executive Officer of Concordia Group Holdings, StoicLane’s appraisal, title and escrow platform, effective immediately.
As a national mortgage services platform, Concordia Group Holdings utilizes cutting-edge technology and analytics to transform all aspects of the loan origination and closing processes. Concordia Group Holdings proprietary appraisal order management platform is fully integrated with top loan origination systems, driving efficient order assignments and placements, as well as top quality review. The platform is comprised of a series of StoicLane’s businesses, including Lender’s Valuation Services (LVS), Brentwood Property Appraisal, and most recently, Triserv. Collectively, these businesses have generated over $100M in LTM revenue.
“This is an exciting time for StoicLane, and we are thrilled to welcome Igor to the team as we continue to partner with exceptional businesses in the FIRE sectors,” said Al Goldstein, Co-Founder, CEO, and Chairman of StoicLane. “His industry expertise paired with his track record of launching, leading, and rapidly scaling businesses in a startup environment make him the perfect fit to lead Concordia Group Holdings.”
Simkin comes to StoicLane from Interfirst Mortgage, where he served as Executive Vice President of Business Initiatives. He is a proven leader with extensive experience in product management, business strategy, data and analytics focused on fintech, health tech, and the mortgage space. Simkin previously served in senior leadership roles at Rally Health and Avant.
“Joining Concordia Group Holdings at this stage of the platform’s development is a unique opportunity, and I look forward to partnering with StoicLane’s talented team as we continue to scale the platform and invest in new businesses,” said Simkin.
About StoicLane:
StoicLane is a Chicago-based long-term growth platform making strategic acquisitions to support digitizing Finance, Insurance & Real Estate (“FIRE”). The firm works closely with its portfolio companies by harnessing the power of data and technology to bring better service and quality to consumers. To learn more about StoicLane, visit stoiclane.com.