Turk & Co. is honored to be featured in a recent HousingWire article exploring the latest trends in mergers and acquisitions within the title insurance industry. The article, featuring insights from Howard Turk, founder and managing partner of Turk & Co., highlights key factors shaping today’s M&A landscape, including market consolidation, shifting valuations,......Continue reading
Archives: News
TURK & COMPANY ANNOUNCES SALE OF SELECT TITLE PLANT ASSETS OF NORTHWEST TITLE AND FIRST HAWAII TITLE
NEWPORT BEACH, CALIFORNIA JANUARY 3, 2025. Turk and Company announced today the acquisition of Title Plant Seats in Oregon and Hawaii from its client Northwest Title and First Hawaii Title by an undisclosed Buyer. Turk and Company served as the exclusive investment banker to Northwest Title and First Hawaii Title.......Continue reading
TURK & COMPANY ANNOUNCES INVESTMENT BY OPEN HOLDINGS, LLC IN FIRST TITLE AND ESCROW
NEWPORT BEACH, CALIFORNIA — DECEMBER 5, 2024. Turk and Company announced today an investment in First Title & Escrow (“First Title”) by Open Holdings LLC (“Open Holdings”), an industry-leading, culture-focused business services platform. Prior to entering the title insurance industry, Open Holdings successfully built one of the nation’s fastest-growing staffing......Continue reading
Turk & Company Announces Acquisition of Timios, Inc. by Timios Acquisition, LLC
DENVER, July 14, 2023 –Turk and Company, announced today that its client, Timios, Inc. (Fiducia Real Estate Solutions, Inc.), a subsidiary of Ideanomics (NASDAQ:IDEX), has been acquired by Timios Acquisition, LLC. Turk and Company served as the exclusive investment banker to Timios, Inc. Timios provides title & settlement, appraisal management, and......Continue reading
Turk & Company announces acquisition of Utah First Title Insurance Agency by its client Security Service Federal Credit Union.
March 20, 2023 – Turk & Company announced today its client Security Service Federal Credit Union closed on the acquisition of Utah First Title Insurance Agency. As a title-centric Mergers and Acquisitions firm, Turk and Company served as the exclusive investment banker representing Security Service in the transaction. “This is......Continue reading
WILL FANNIE MAE SHAKE UP THE TITLE INDUSTRY AGAIN?
Good afternoon — Nearly a year after announcing that it would begin accepting attorney opinion letters (AOLs) in lieu of title insurance in limited circumstances, Fannie Mae is yet again making waves in the title insurance industry. According to a report from PoliticoPro, the government sponsored entity (GSE) is looking......Continue reading
WHAT THE FED RATE HIKE MEANS FOR TITLE COMPANIES
Good afternoon — Last Wednesday, the Federal Reserve announced that it would be raising the federal funds rate another 75 basis points, to 3%-3.25%, bringing it back to a level last seen in March 2008. While this decision was expected by most Fed observers, it was keenly felt within the......Continue reading
Turk & Company Announces Acquisition of Lenders Title Group By Knox-Precision Holdings, LLC
DENVER, August 16, 2022 –Turk and Company, announced today that its client, Lenders Title, a subsidiary of First Horizon Corporation (NYSE:FHN), has been acquired by Knox-Precision Holdings, LLC. Turk and Company served as the exclusive investment banker to Lenders Title. Lenders Title Group is one of the largest and pre-eminent title......Continue reading
In Today’s News
Good afternoon — A few weeks back in this newsletter I posed the question: “Is title insurance a scam?” and I received quite a wide variety of responses. One respondent stated: “Who believes it is anything but a scam? Ever read a policy and the exceptions? Worthless – only good......Continue reading
Turk & Company Announces Acquisition Of Rosenberg PLLC By Knox Capital Holdings LLC
DENVER, April 25, 2022 PRNewswire –Turk and Company, announced today that its client Rosenberg PLLC has been acquired by Knox Capital Holdings LLC. Turk and Company served as the exclusive investment banker to Rosenberg PLLC. Rosenberg PLLC is the largest and pre-eminent real estate document preparation firm in the United......Continue reading