Old Republic National Title Holding Company Acquires Kaspar& Associates Title Search Firm

January 13, 2004

MINNEAPOLIS,? Old Republic Title has acquired Kaspar& Associates, Inc. and Kasparnet, LLC in Medina, Ohio, the largest independent real estate title search company in the state of Ohio, providing title search and research services throughout Ohio's 88 counties.

Over the years, Kasparnet has developed a leading title search software platform that enables their customers to order and manage searches over the Internet, including report status and data retrieval.

The acquisition of Kasparnet will expand Old Republic Title's ability to provide electronic search capabilities and enhance its commitment to reducing the time and cost of the real estate and mortgage transaction for the consumer. 

The Kasparnet unit will become part of Old Republic Title's East Central Division. Jim Stipanovich, Vice President of the division, said, ?The acquisition of Kasparnet adds a unique aspect of functionality to our search capabilities and will allow us to not only deliver searches completely electronically, but expand our services to title agents.?

Amy Kaspar , who will remain with Kasparnet as President and CEO, said, ?We are very excited and energized about our new affiliation with such an outstanding organization. Since 1980, we have grown steadily to become the premier title-research company in the state of Ohio . We have a great respect for Old Republic Title and their organizational spirit. It is a perfect complement to the Kasparnet team. With new resources from Old Republic , we look forward to expanding our title research, management and production services for all of our customers.? 

Source: Old Republic Title Insurance Group


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

SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. 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.