Announced
Completed
Financials
Tags
insurance services
United States
Full Line Insurance
Domestic
Acquisition
Friendly
Single Bidder
Private
Majority
Completed
Synopsis
First American, a global provider of title insurance, settlement services and risk solutions, completed the acquisition of Mother Lode Holding Company, a California-based provider of title insurance, underwriting and escrow services for residential and commercial real estate transactions. Financial terms were not disclosed. “Mother Lode Holding Company’s reach, expertise and commitment to superior customer service aligns well with our existing operations and will augment our efforts to expand our coverage in key growth markets. With Mother Lode Holding Company and its subsidiaries, we will expand our ability to serve customers throughout many of the strongest housing markets in the US," Dennis J. Gilmore, First American CEO.
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