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Acquisitions boom as companies look to expand
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Industry News
Monday, January 5, 2015
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Title companies have a hard time growing organically, according to Capello Group Managing Director Gene Urcan. He said once title companies get to that $20 million to $30 million mark in revenues, they have a hard time growing beyond that without making acquisitions. There isn’t a standard formula for smaller agents because there are many factors at play other than the bottom line.
“You have some owners that are frustrated that would like to be much bigger and more profitable and the organic growth is just not working,” Urcan told The Title Report.
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