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Industry News

Title Wave

March 22, 2002

Financial Title Co. Buys Sonoma Title Guaranty

Inman News Features

Folsom, Calif.-based Financial Title Co., part of the United Title Cos. group of Lakewood, Colo., announced it has acquired Sonoma Title Guaranty Co.

Jim Daw, former owner of Sonoma Title, will continue as division president of the company's four California offices located in Santa Rosa, Petaluma, Sebastopol and Sonoma.

Sonoma Title employs 38 people and will change its name to Financial Title Co. when the acquisition is completed this summer.

Financial Title employs more than 500 people in 44 locations throughout Northern California. The company last year posted $62 million in revenues.

Copyright: Inman News Service

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