Stewart Acquires Several Western Agencies from ET Investments

September 1, 2020

Stewart Information Services Corporation acquired 57 title offices in Arizona, Colorado and Nevada from ET Investments for $105 million.

Historically, the title offices associated with this transaction have generated in excess of $20 million in pre-tax income.

“The purchase of these title operations marks a new day at Stewart in realigning our company to compete in several strategically strong markets where the company has traditionally been underrepresented,” said Steve Lessack, Stewart’s group president. “We are only at the beginning of meaningful change at Stewart in which targeted investments in markets and people will drive greater brand awareness and customer loyalty.”

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