Stewart to Acquire Informative Research for $192M
August 26, 2021
Stewart Information Services Corp. signed an agreement to acquire Informative Research (IR) for $192 million
IR provides credit, consumer, and real estate data and technology services through its proprietary platform to more than 3,000 customers.
The transaction is expected to close following the appropriate regulatory review. IR will continue operating as a standalone company.
“Stewart continues to invest in the creation of an end-to-end, customer-focused real estate services and technology platform,” said Fred Eppinger, Stewart’s chief executive officer. “By bringing IR into the Stewart family of companies, we further reflect that commitment and advance our data and analytics capabilities. I’m excited about the possibilities our service platform offers as we add IR to Cloudvirga, Signature Closers and NotaryCam as well as our existing appraisal and title capabilities to provide customers with superior performance and ease of use across the transaction lifecycle.”
Sean Buckner, president and CEO of Informative Research, added, “Joining the Stewart family accelerates our ability to develop and bring to market additional products and services that will better serve the lending and real estate industry. We’re excited to be able to help drive the creation of a holistic loan and real estate analytical service and closing process at Stewart. Through our technology suite, IR allows customers to improve sales and profits while reducing risk, which makes it a perfect fit with Stewart. We look forward to a bright future as we help our customers drive performance and succeed.”
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