Consolidated Title Services Expands Minnesota Presence

February 2, 2021

Consolidated Title Services recently acquired Wadena County Abstract in Wadena, Minn.

Consolidated Title, which has offices in Detroit Lakes and Perham, Minn., also obtained a title plant and closing services provided by Pederson & Pederson P.A. as part of the transaction.

“This is an exciting time of growth for our company,” said Nick Hacker, president of Guaranty & Title Co., which is the parent company of Consolidated Title. “Tim and Jeff Pederson have built wonderful companies that are committed to the needs of their customers.”

Tim and Jeff Pederson have owned and operated Wadena County Abstract Company, Inc. since 1990 when they acquired the business from Gail Green.

“We’re very pleased to be able to turn over this part of our business to a company that already has a regional presence and will continue to provide excellent service to our customers,” said Jeffrey Pederson. “We are especially happy with their commitment to maintaining a location in Wadena and their interest in involvement and support of the community.”

North Dakota-based Guaranty & Title Co. operates 29 locations in North Dakota, Minnesota and Wisconsin.

Contact ALTA at 202-296-3671 or [email protected].