Compass, Inc. [NYSE: COMP] has inked a definitive agreement to purchase First Alliance Title LLC. The acquisition extends the firm’s increasing portfolio of title and escrow businesses that now serve nine states. The nine states include California, Colorado, Florida, Washington State, Maryland, Virginia, Washington D.C., and Texas.
The acquisition deal is anticipated to execute before the end of the year and the terms of the deal are not being revealed. In February of this year, Compass declared the purchase of Washington D.C. area title insurance and settlement services company, KVS Title, and previously in September the firm bought the Dallas-Fort Worth-based title business, LegacyTexas Title.
Furthermore, this collaboration not only offers the firm the opportunity to grow its network and promote the goals of its business, but it also allows the firm to bolster the unique service and company culture that its customers and staff have developed love.
Additionally, since the establishment of First Alliance, the firm has been focused on flawless customer service, supported by the financial strength and practices that offer absolute peace of mind for their clients around this critical component of a successful real estate transaction.