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
Archives: News
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
Turk & Company Announces Acquisition Of Trident Abstract Title Agency, LLC By OceanFirst Financial Corp.
DENVER, Feb. 4, 2022 PRNewswire –Turk and Company, announced today that its client OceanFirst Financial Corp. (NASDAQ:”OCFC”), the holding company for OceanFirst Bank N.A. has signed an agreement to acquire a majority interest in Trident Abstract Title Agency, LLC (“Trident”) with the right to acquire 100%. The transaction is expected to close......Continue reading
Howard Turk Advises World Wide Land Transfer On Investment By Corridor Capital
Howard Turk and team are pleased to announce that our client World Wide Land Transfer has closed on a significant investment by Corridor Capital. World Wide Land Transfer is a leading tech-enabled, full-service, independent title and settlement services agency with offices in Pennsylvania, New York, New Jersey, and Florida. The......Continue reading
Meridian Title Acquired By Armatage Capital
Congrats to my long standing client and good friends at Meridian on the acquisition by Armatage Capital!
Turk & Company Advises US Title On Acquisition By Shaddock National Holdings
Turk & Company is pleased to announce that our client U.S. Title has been acquired by Shaddock National Holdings, LLC. US Title, founded in 1980, is one of the leading full-service title agencies in Utah with 14 branches throughout the state. Shaddock National Holdings also operates Capital Title of Texas......Continue reading