Florida Title Company Grows Footprint with Acquisition
|April 8, 2014|
Tampa Bay, Fla.-based Hillsborough Title recently expanded into the Sarasota-Bradenton market with the acquisition of Cornerstone Title
This is the fourth acquisition in four months for Hillsborough Title, according to company president and CEO Aaron M. Davis.
"Cornerstone Title has a great reputation," Davis said. "In my investigation of the Sarasota/Manatee County area, CornerStone Title's name kept coming up as one of the premier agencies. Its quality of service, agency marketing, and moral and ethical values are in perfect alignment with our agency's core values. Cornerstone Title has a strong foothold in the Lakewood Ranch area, and is a strategically placed office for the convenience of our Realtor and builder clients."
Mary Howard, founder of CornerStone Title, will continue to serve as relationship manager for the local operation, which will retain the CornerStone Title name.
"We are excited to join forces with Hillsborough Title," Howard said. "The firm's focus on customer service, best practices, and the highest professional standards is a perfect fit for us. We will continue to provide the personalized service of a 'Main Street' company, with the additional support, resources and stability of a larger network."
Founded in 1984, Hillsborough Title is locally owned and operated. Resources include in-house legal counsel with three real estate attorneys on staff, a short sales department, ongoing training, a choice of seven title insurance underwriters, and title software and systems facilitating Consumer Financial Protection Bureau (CFPB) compliance, data security and best practices, the company said in a release.
With the CornerStone Title acquisition, the company now has 14 locations in Pinellas, Hillsborough, Polk, Pasco and Manatee counties and a staff of more than 110 employees.