Title Resources Group’s (TRG) previously announced acquisition of Doma Holdings, Inc. has closed. Doma Title Insurance is now a wholly owned subsidiary of TRG. Doma’s technology division, renamed Doma Technology LLC, will operate as a sister company.
Also, LENX, the strategic investment arm of homebuilder Lennar, has become a minority owner of TRG, joining Anywhere Real Estate Inc., HomeServices of America (a Berkshire Hathaway affiliate), Opendoor Technologies Inc., and Centerbridge Partners, L.P. as owners of TRG.
TRG CEO Scott McCall said the Doma acquisition has made TRG the fifth-largest independent underwriter in the country.
Check back with The Title Report for more details on this finalized deal.