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Announced

Completed

JM Family completed the acquisition of Futura Title & Escrow.

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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Acquisition

Single Bidder

Domestic

title and escrow company

Asset Managers and Custodians

Private

United States

Majority

Completed

Friendly

Synopsis

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JM Family Enterprises, a diversified automotive company, completed the acquisition of Futura Title & Escrow, an escrow services provider. Financial terms were not disclosed. “JM Family is in the business of helping other companies succeed, and our goal is to strategically leverage our strong culture and core competencies to ensure continued success for Futura and its family of companies. We welcome Futura and its 700 associates to JM Family and are excited about our future growth together," Ron Coombs, JM Family President.

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