Stewart Acquires California-based Title Company

July 25, 2017

Stewart Information Services announced it recently acquired the retail branch division of Title365 Company. Title365’s retail division operates primarily in Southern California.

In a release, Stewart said the acquisition reinforces the company’s commitment to providing innovative title solutions and focused, smart growth in key markets throughout the United States.

“We are very pleased that the Title365 retail team has joined the Stewart family,” said Matthew Morris, Stewart’s chief executive officer. “As a result of this acquisition, Stewart gains experienced leadership and scale in several high-growth target markets, and the team from Title365 will benefit from our global reach, financial strength and extensive resources. This acquisition aligns with our strategic plan for targeted growth in our direct operations.”

Michael Tafoya co-founded Title363 and served as chief executive officer. He joined Stewart in May as group senior vice president of direct operations. Title365 has more than 250 employees and 15 offices.

In 2014, Solutionstar Holdings LLC, an indirect wholly-owned subsidiary of Nationstar Mortgage Holdings, purchased Title365 for $36 million.

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