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New Deal


Announced

Completed

Stewart completed the acquisition of FNC Title Services.

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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Completed

Private

Acquisition

Single Bidder

Domestic

Friendly

Majority

Mortgage Finance

title and settlement

United States

Synopsis

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Stewart, a global real estate services company, completed the acquisition of FNC Title Services, a full-service title and settlement company specializing in reverse mortgage closings. Financial terms were not disclosed. “As in any real estate market, technology and innovation are key to success, and by leveraging Stewart’s products and platforms, FNC will be able to deliver security and ease-of-use to a growing market segment. Their strength in reverse mortgage complements our existing Lender Services business lines and continues our momentum as we build a leading Lender Services organization,” Fred Eppinger, Stewart CEO.

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