HomeServices Acquires Thoroughbred Title
February 7, 2017
HomeServices of America Inc. announced it has entered the New York title insurance market with the acquisition of Thoroughbred Title Services LLC.
Launched in 2009, Thoroughbred Title is a subsidiary of Houlihan Lawrence real estate brokerage. Financial terms were not disclosed. HomeServices acquired Houlihan Lawrence last month. The real estate brokerage closed $6.7 billion in sales in 2016.
Eric Swarthout, president of Thoroughbred Title, said that joining the HomeServices team and plugging into a national referral network will help accelerate growth.
HomeServices now has 33 title agencies in its portfolio and a licensed title entity in 21 states.
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