Atlantic Closing & Escrow Acquires Village Settlements
Atlantic Closing & Escrow (“ACE”), a national, attorney-driven settlement services firm, has acquired Maryland-based title agency Village Settlements. The company will be rebranded as “Village Settlements, An Atlantic Closing & Escrow Company.”
With offices in Frederick, Gaithersburg and Greenbelt, Maryland, Village Settlements has provided closing and settlement services since 1994.
“Atlantic Closing and Escrow and Village Settlements have much in common, including our expansive legal expertise and dedication to service and detail,” according to Village Settlements Managing Director, David Parker. “That means Village Settlements will continue its tradition as trusted advisors over the course of what can be an extremely complicated process for consumers and real estate professionals alike.”
“This acquisition not only grows the geographic footprint of Atlantic Closing & Escrow but also our depth of experience and knowledge,” said Attorney Scott Kriss, President and CEO of ACE. “Village Settlements has long been a highly respected brand in Maryland and the surrounding region, and we look forward to being a part of that tradition as we continue to deliver a premium level of service and advice.”
According to ACE Chief Strategy Officer, Landon Smith, now is the time for growth-minded businesses to expand their geographic footprints. “Village Settlements has a stellar reputation and heavy penetration in the Maryland markets,” he said. “Adding them to the Atlantic Closing & Escrow family is a solid fit for our clients and partners, as well as a step forward in our national retail growth strategy.”
Smith additionally mentioned that ACE is scouting several potential acquisition targets. “We are always on the lookout for strategic opportunities to grow our footprint, whether that be through acquisition or partnership,” he said.
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