JACKSONVILLE, Fla., August 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 and agricultural estates. and sales of ranches and energy projects in 121 counties Texas, oklahoma, New Mexicoi Arkansas.
“We are excited to bring AllFirst and its portfolio of strong regional brands into the FNF family of title companies to continue to expand our industry leadership position through our multi-brand strategy,” he said. Mike Nolan, CEO, Fidelity National Financial. “This is a significant acquisition of an elite, well-managed and fast-growing group of title companies that brings management talent and immediate revenue to FNF in markets that further expand our national footprint. Luke StrawnAllFirst’s talented senior management team and more than 500 AllFirst employees have done an incredible job growing a portfolio of title brands with regional strength, robust title services, title and data automation capabilities, and long-term growth potential – a perfect fit within the FNF.”
“Everyone at AllFirst is excited to be part of the industry’s leading family of title companies,” he said. Luke Strawn, CEO, AllFirst. “With a long history of strategic acquisitions that leverage the strength of local brands while leveraging collective strength, data and technology capabilities, and financial strength, we felt there was no better fit and future for to our company and our employees to be part of the FNF family of title companies.”
The AllFirst portfolio of companies will continue to operate and serve local and regional customers through its various brands. AllFirst’s senior management will continue to lead these brands with the charter to continue rapid expansion and market share growth in their respective markets and regions. Luke Strawn will now report to Joe GrealishPresident, Eastern Operations, Fidelity National Financial and will move into a regional management role, responsible for 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 – who collectively issue more title insurance policies than any other title company the united states. More information about FNF can be found at fnf.com.
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SOURCE Fidelity National Financial, Inc.; FGL Holdings
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