Tohickon Settlement Services Acquires Competitor in Pennsylvania
August 2, 2018
Tohickon Settlement Services, serving Pennsylvania and New Jersey for over 40 years, recently acquired American Land Transfer and its affiliates, Fonthill Abstract Co. and C.B. Search & Abstract.
The acquisition greatly increases Tohickon’s market share, making it one of the largest family-owned settlement and title search firms in the Central Bucks, Pa., area.
“We feel so positive about this acquisition because of how well our business philosophies and goals align,” says Brendan Nolan, president of the company that was launched by his family in 1976. “We’re Bucks County-based, hands-on with clients and rely on a strong client base of realtors, lenders, builders and attorneys.”
ALT’s founder, Lynn Groves, who established American Land Transfer in Buckingham almost 30 years ago, is staying on with Tohickon to assist with the transition. Team members Shirley Gould and Jean Yeany are now part of the Tohickon family also.
“It’s important to both of us that all American Land Transfer clients continue to be treated as Lynn would treat them,” Nolan said. “We both want to make the transition seamless to her client base and build upon the level of service to which they are accustomed.”
Contact ALTA at 202-296-3671 or communications@alta.org.