Asset Insight and SAI Valutions merge
Asset Insight and SAI Valuations have agreed to merge. The new, combined entity will be named Asset Insight, LLC and will be headquartered in Las Vegas with offices in Chicago: Amissville, Virginia: Portsmouth, New Hampshire; Vienna, Austria and London.
The merger of the two companies is effective immediately, and Asset Insight, LLC will be led by John Spoor as chairman who was formerly founder and chief executive of SAI Valuations, LLC. Anthony Kioussis will become president and chief executive moving up from his previous position of president and founder of Asset Insight. Barbara Spoor will become executive vice-president moving from founder and corporate vice-president of SAI Valuations.
ALSO READ: Asset Insight lunches ADAPT tool
Operations of the two companies, including web-based aircraft valuation tools, aircraft maintenance analytics, the Aircraft Graybook, and the Asset Grading System Process, and accredited aircraft valuation appraisals, will be combined over the coming weeks.
Spoor said: “Independently, both companies cultivated reputations for thorough research, experienced analysis, robust product offerings, and long-term customer relationships.
“Asset Insight, LLC will command a unique position in the asset valuation market. Upon merger of operations, Asset Insight will be able to offer the most complete picture of aircraft value available in the industry.”
Announcements will follow in the coming weeks detailing the evolution of the merged Asset Insight product line and service offerings.
“I wouldn’t expect any of the existing products or services to fall away. Rather, we see a very real opportunity to bring existing and new services to the market that more fully utilise technology, and the specialisation of the merged company’s team, to make them more valuable to aircraft owners, buyers and sellers,” added Kioussis.