Title Wave

March 22, 2002

Financial Title Co. Buys Sonoma Title Guaranty

Inman News Features

Folsom, Calif.-based Financial Title Co., part of the United Title Cos. group of Lakewood, Colo., announced it has acquired Sonoma Title Guaranty Co.

Jim Daw, former owner of Sonoma Title, will continue as division president of the company's four California offices located in Santa Rosa, Petaluma, Sebastopol and Sonoma.

Sonoma Title employs 38 people and will change its name to Financial Title Co. when the acquisition is completed this summer.

Financial Title employs more than 500 people in 44 locations throughout Northern California. The company last year posted $62 million in revenues.

Copyright: Inman News Service

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

SoftPro is the nation's leading provider of closing and title software, consistently pushing the technological envelope to pioneer the most powerful and comprehensive closing and title automation software on the market. SoftPro's Award-Winning Software combines cutting-edge technology with outstanding support to make your business more productive, efficient and boost your revenue. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.