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New Deal


Announced

Completed

First American completed the acquisition of Mother Lode Holding Company.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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insurance services

United States

Full Line Insurance

Domestic

Acquisition

Friendly

Single Bidder

Private

Majority

Completed

Synopsis

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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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