Miami-based Atlas VMS on Wednesday announced the acquisition of appraisal order management platform AIM-Port. Atlas called the move a “significant step” in developing technology-driven solutions to better serve U.S. mortgage lenders and appraisal management companies (AMCs).

“The acquisition of this platform is a key component of Atlas’s broader mission to bring smarter, high-touch solutions to the appraisal and lending ecosystem — through collaboration, not consolidation,” Erik Morin, CEO of Atlas VMS, said in a statement.

“We view ourselves as a steward of the platform, and we are committed to investing in its future so that it remains reliable, relevant, and responsive to the needs of all users.”

In a press release, the company said that “AIM-Port was developed with deep operational insight, ensuring its features align with the day-to-day realities of the appraisal industry.” Atlas VMS said that having an in-house order management platform will generate new revenue streams to further its growth.

Atlas also said it “remains committed to supporting other AMCs” as it seeks to maintain a longtime goal to “support its peers rather than compete with them.” Atlas has a long-term plan to rebrand AIM-Port and fold the platform into its own offerings.

Late last month, the company appointed Chris Jones as its new chief operating officer to oversee day-to-day operations. Jones previously worked as vice president of operations at Landmark Network, where he built operational systems under Morin.

Landmark was acquired by Class Valuation in 2018 and Jones served there as senior vice president of enterprise program management, leading technology efforts and oversight of national infrastructure development.

“At Landmark, Chris was instrumental in our success — I’ve always valued his operational discipline and deep valuation expertise,” Morin said. “I’m thrilled to collaborate with him again as we scale Atlas and energize our operations and technology strategy.”

In May 2024, Atlas hired Joe Pravettone as its chief appraiser. He has 25-plus years of experience in the valuation space, beginning as an independent fee appraiser before stints at national AMCs and large financial institutions.

Pravettone’s appointment came roughly a year after Morin returned to Atlas as a board member and partner.

Editor’s note: This article was updated with information about the hiring of Chris Jones.

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