ATA National Title Group, LLC (ATA) – a full-service title insurance agency based in Farmington Hills, MI – has acquired the assets of Absolute Title, Inc. to expand its coverage in the Ann Arbor area. Operating under the ATA umbrella, the new company will be branded Absolute Title Agency.
Terms of the transaction, which closed February 18, were not disclosed.
“As a leading independent title insurance agency in the Midwest, growth is a key part of our vision,” said Brian Roberts, president, ATA. “We have long targeted the Ann Arbor area for expansion. Absolute Title has been a leading title company in Ann Arbor since its founding in 1993. Their experience, coupled with our resources, will allow us together to provide superior services to a widening group of customers.”
Absolute Title Agency will maintain its office in Ann Arbor, as well as its 17 employees, adding to ATA’s established presence. Currently, ATA operates 41 offices in Michigan.
“ATA’s culture and resources made this acquisition a natural fit for Absolute Title Inc,” said Christy Perros, president, Absolute Title Inc. “Our customers and employees will all benefit from the new resources we are gaining.”
The Place for Lending Visionaries and Thought Leaders. We take you beyond the latest news and trends to help you grow your lending business.