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New Deal


Announced

Title Resources Group to acquire Doma from Hudson Structured Capital for $85m.

Financials

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Transaction Value£66m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium43%
One Off Charge-

Tags

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Merger

Domestic

Privatisation

Pending

Friendly

United States

IT Services: Other

machine intelligence

Majority

Public

Single Bidder

Private Equity

Synopsis

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Title Resources Group, an insurance underwriter, agreed to acquire Doma, a real estate technology company, from Hudson Structured Capital, an asset manager, for $85m. "Today’s announcement is a win for Doma’s stockholders and for both companies’ employees and customers. This transaction is an important step in the growth and evolution of Doma, further strengthening us as we deploy our market-tested technology for large mortgage market participants," Max Simkoff, Doma CEO.

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