Title Resource Group Acquires TitleOne Corporation in Idaho
Strategic acquisition combines an Idaho market leader with a national title and escrow services company
MOUNT LAUREL, N.J. and BOISE, Idaho, Sept. 9, 2016 /PRNewswire/ -- Title Resource Group LLC (TRG), a full-service title and settlement services provider, today announced the acquisition of TitleOne Corporation headquartered in Boise, Idaho. TitleOne has approximately 215 employees and 13 offices that provide title and settlement services to homebuyers across the state of Idaho. The company will continue to operate under its current name, and former co-owner Mark Tidd will remain with TitleOne as chief executive officer, reporting to Neil Gulley, senior vice president of the western region for TRG. Financial terms of the agreement were not disclosed.
Click to tweet: Title Resource Group acquires TitleOne Corporation in Idaho and adds to national footprint. @TitleResGrp @titleoneid
Since 2012, TitleOne has been named one of the top ten "Best Places to Work in Idaho" in the large employer category (100 and more employees), according to POPULUS, which compares workforce satisfaction of employees across five key workplace dimensions in order to rank and place winners.
TitleOne was founded in 2000 by a small group of entrepreneurs who wanted to build a different kind of title company. Since then, TitleOne has grown to become Idaho's choice for title and escrow services, and now serves Ada, Canyon, Boise, Bonneville, Butte, Blaine, Kootenai, Minidoka, Cassia, Twin Falls, Jefferson, Jerome, Gooding and Lincoln Counties with 13 locations across Idaho.
"The acquisition of TitleOne is part of TRG's strategic growth plan. Its branch network in Idaho expands our national footprint and adds a significant physical presence for us in the region. We are excited to be adding one of the most successful and fastest growing title companies in the state of Idaho to the TRG family of companies."
– Donald Casey, President and Chief Executive Officer, Title Resource Group
"TitleOne is an outstanding company known for its customer service focus and collaborative culture. We are happy to welcome the TitleOne team to our organization, and we look forward to partnering with them as they continue to grow their brand in the region."
– Neil Gulley, Senior Vice President, Western Region, Title Resource Group
"We have successfully grown our business since inception to become a market leader in Idaho, and are now looking forward to becoming part of a national leader that is as equally focused on customer service and growth as we are. TRG fits that bill and has the resources to continue to expand further – we anticipate great things ahead."
– Mark Tidd, Chief Executive Officer, TitleOne Corporation
About Title Resource Group
Title Resource Group LLC (TRG) is a full-service title, settlement and vendor management services company serving real estate companies, corporations and financial institutions in support of residential and commercial real estate transactions. TRG operates in 48 states and the District of Columbia and provides closing services in all 50 states. TRG is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a leading global provider of real estate and relocation services.
Kathy Borruso, (973) 407-5041, email@example.com
SOURCE Title Resource Group