I have always believed in championing the underdog. There is a part of me that has consistently rejected authority. I’ve always been offended by injustice.
I’m a real estate lawyer by trade (actually…a ‘reformed’ lawyer). Out of law school I built the largest real estate conveyancing firm in my market. Competing with Big Title and beating them was a big part of what drove me. At the same time I was so curious about what the people at Big Title knew, how they worked and how they’d gained so much market share. They all seemed so fancy…so slick, whereas all I knew was how to close deals and compassionately and effectively manage stressed out customers, pompous realtors and boorish lenders. I knew that my legal education did not prepare me to run a rapidly growing business, but yet was so flattered at all the attention I received from Big Title who were so eager to learn how I grew my title business so fast.
I decided to sell my firm and join one of the Big Title underwriters in a leadership role. (www.linkedin.com/in/prosperitasforward/) In the many years I spent working there, I achieved exactly what I had set out to – namely to learn their inner workings and operational mindset and then go back to being independent and apply all that I’d learned.
As it turns out I could best apply what I learned through building a niche consulting firm focused on helping independent title agents.
Our consulting team is comprised of seasoned experts. All of us come from roles at Big Title. We believe in the value small business offers to our country. We believe in supporting entrepreneurs. Whether we are knee deep in technology or workflow optimization, a reorganization designed to improve efficiency, or finding ways to lower production costs, we collectively want small independent firms to know what the people at Big Title know…so as to help them compete and provide them with a fighting chance. Our goal is to level the playing field.
I remember vividly the moment I realized that independents sometimes were just not able to maximize the value of their life’s work when it came time to negotiate an acquisition of or investment in their agency. They didn’t know what they didn’t know -and some buyers definitely leveraged their skills to the detriment of independents.
I knew we could change that and help ensure fairness and commercial reason to all transactions we touch. I was determined to apply our consulting firm’s success in leveling the playing field to situations where independent title company owners were thinking about selling their agency. We kept being asked by private equity firms to guide them through due diligence on acquisitions they were contemplating and it occurred to me that we could simply roll the consulting firm into our own Mergers & Acquisitions firm to do this correctly from the ground up -so that everybody (both sellers and buyers) win. One plus one can equal three-if done right.
After much contemplation I determined that there is room in the industry for a Mergers & Acquisitions firm that not only understands title fundamentals, the challenges and opportunities faced by independent owners, but who can also engage with Big Title, get their attention, and get them to close transactions..
And so, Turk & Company was born. We are solely focused on Mergers & Acquisitions in the title industry, and doing so in a way that complies with SEC and FINRA regulations. Turk & Company combines a seasoned team of title experts with an experienced team of middle-market investment bankers. Our goal is clear and simple – HELPING independents navigate what could otherwise be a scary world.
Anything worth doing is worth doing right.