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tout, a global advisory firm, has announced its acquisition of Appraisers and Planners, Inc., a New York City‑based valuation specialist with a 90‑year legacy. The purchase, completed on September 16, 2025 with counsel from Winston & Strawn, brings the firm’s 15‑person team into Stout’s Real Estate Valuation practice under the Valuation Advisory group.
Appraisers and Planners has long been a premier provider of commercial real‑estate appraisals, portfolio evaluations, litigation support, expert testimony, arbitration, and trust‑and‑estate valuation. Its work spans the New York Metro area, Philadelphia, Boston, Washington DC, Northern Virginia, and down to Florida, serving clients nationwide.
The newly integrated team will be headed by Managing Directors Sharon Locatell, James L. Levy, and Adam L. Wald. Clients will now benefit from Stout’s expansive network and additional advisory services, including business valuation, machinery and equipment appraisal, healthcare advisory, and complex securities analysis.
“This acquisition reinforces Stout’s leadership in valuation advisory,” said Greg O’Hara, President of Stout’s Valuation Advisory group. “The Appraisers and Planners team brings deep expertise and a stellar reputation in the New York market. We’re excited to combine forces and deliver greater value to our clients.”
James L. Levy, Chairman of Appraisers and Planners, welcomed the partnership: “Joining Stout marks an exciting new chapter.” Sharon Locatell added, “For over 90 years we’ve earned trust in real‑estate valuation. Stout’s global reach and breadth of services give us an incredible opportunity to expand and better serve our clients.”
This deal is Stout’s first acquisition since Integrum’s investment in July 2025.
**About Stout**
Stout is a global advisory firm specializing in corporate finance, accounting, transaction advisory, valuation, financial disputes, claims, and investigations. Serving public and private companies across industries, Stout delivers premier expertise, deep industry knowledge, and rapid responsiveness on complex matters. Learn more at stout.com.
**About Appraisers and Planners Inc.**
Founded in 1933, Appraisers and Planners has been one of New York City’s leading firms in commercial real‑estate valuation, offering a full spectrum of appraisal and valuation services nationwide.
SOURCE: Stout
