Title Resource Group Expands Footprint with Acquisition in Pennsylvania

October 7, 2014

Title Resource Group (TRG), Realogy Holdings’s title, settlement and vendor management services company, has agreed to acquire the assets of Guardian Transfer Corporation, which is Realty Select’s affiliated title and escrow company in Harrisburg, Lancaster and surrounding areas in Pennsylvania.

TRG's Secured Land plans to use the Guardian Transfer name after the closing of the transaction, which is anticipated to occur prior to year-end 2014, once closing conditions are met.

Upon acquiring the assets of Guardian Transfer, TRG’s market presence in Central Pennsylvania will considerably increase, doubling the number of title and closing units as measured over the last 12 months.  Guardian Transfer provides title services to clients of Coldwell Banker Select through 10 locations.

“This acquisition will significantly expand our title and settlement services operations in central Pennsylvania, as our sister company, NRT, enlarges its presence in this market,” said Don Casey, president and chief executive officer of Title Resource Group. “Guardian Transfer is a well-managed company with leaders who are forward-thinking decision-makers and a team of professionals who exhibit a passionate commitment to exceeding their customers’ expectations.” 

In another deal, NRT, also a subsidiary of Realogy, acquired Realty Select. NRT will combine the newly acquired brokerage operations with the brokerage operations of its Camp Hill-based company, Jack Gaughen Realtor ERA. The combined operations, which accounted for more than $1.1 billion in sales volume and more than 6,000 closed transaction sides in 2013, will now do business under the newly launched banner of Coldwell Banker Residential Brokerage in Central Pennsylvania.

Scott Storck, currently president of TRG’s operations in Philadelphia and Harrisburg, will expand his role to also oversee the newly combined entity, post-closing. Brian Zulli, currently president of Guardian Transfer, will become vice president of sales for the combined company.

“Guardian Transfer will become an important part of a national title company that is a driving force in the title and settlement services industry,” Zulli said. “Our natural fit within TRG will create new business opportunities and potential for growth, while maintaining our personalized approach to every customer interaction.”

Contact ALTA at 202-296-3671 or communications@alta.org.