JACKSONVILLE, Fla., Aug. 16,
2022 /PRNewswire/ -- Fidelity National Financial,
Inc. (NYSE: FNF), a leading provider of title and transaction
services to the real estate and mortgage industries, announced the
acquisition of AllFirst Title Insurance Agency and its various
regional brands.
AllFirst and its portfolio brands, FirsTitle, Excel Title Group,
Allegiance Title Company, Guaranty Title, Smith Brothers Abstract,
Aggieland Title Company, and Guaranty Title New Mexico provide
title examination, title plant, abstract, and settlement services
for residential, commercial, farm and ranch sales, and energy
projects in 121 counties throughout Texas, Oklahoma, New
Mexico, and Arkansas.
"We are excited to bring AllFirst and its portfolio of strong
regional brands into the FNF family of title companies to continue
expanding our leadership position in the industry through our
multiple brand strategy," said Mike
Nolan, CEO, Fidelity National Financial. "This is a
significant acquisition of an elite, well-operated, fast growing
group of title companies that brings management talent and
immediate revenue to FNF in markets that further expand our
national footprint. Luke Strawn, the
entire talented AllFirst senior leadership team, and all 500+
AllFirst employees have done an incredible job growing a portfolio
of title brands with regional strength, robust title services,
title automation and data capabilities, and long-term growth
potential - a perfect fit within FNF."
"Everyone at AllFirst is thrilled to become part of the leading
family of title companies in the industry," said Luke Strawn, CEO, AllFirst. "With a long history
of strategic acquisitions that capitalize on the strength of local
brands while leveraging the collective strength, data and
technology capabilities, and financial strength, we felt there was
no better fit or future for our company and employees than to
become part of the FNF family of title companies."
The AllFirst portfolio of companies will continue to operate and
service local and regional customers through their various brands.
AllFirst senior management will continue to lead these brands with
the charter to continue the rapid expansion and market share growth
in their respective markets and regions. Luke Strawn will now report to Joe Grealish, President, Eastern Operations,
Fidelity National Financial and will move into a Regional
Management role, responsible for the AllFirst operations.
About Fidelity National Financial, Inc.
Fidelity National Financial, Inc. (NYSE: FNF) is a leading
provider of title insurance and transaction services to the real
estate and mortgage industries. FNF is the nation's largest title
insurance company through its title insurance underwriters -
Fidelity National Title, Chicago Title, Commonwealth Land Title,
Alamo Title and National Title of New
York - that collectively issue more title insurance policies
than any other title company in the
United States. More information about FNF can be found at
fnf.com.
FNF-G
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SOURCE Fidelity National Financial, Inc.; FGL Holdings