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Announced

Completed

Williston Financial Group completed the acquisition of the West Coast local retail title operations of Doma.

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 technology

Acquisition

Majority

United States

Private

Single Bidder

Friendly

Domestic

FinTech

Completed

Synopsis

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Williston Financial Group, an insurance services provider, completed the acquisition of the West Coast local retail title operations of Doma, an insurtech company. Financial terms were not disclosed. “This strategic transaction is aligned with our mission-driven go-forward strategy and refined focus on our core underwriting and technology business. Our West Coast operations are premier locations within their respective real estate communities with a track record of providing excellent customer service. We believe we have found an optimal home for our Local team members in the branches we have sold to WFG and they will continue to thrive under their leadership. I want to thank this team for their hard work and dedication to Doma and our vision over the years," Max Simkoff, Doma Founder and CEO.

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