Cottonwood Title Acquires Utah-based Founders Title - Insurance News | InsuranceNewsNet

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February 1, 2018 Newswires
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Cottonwood Title Acquires Utah-based Founders Title

Business Wire

Combined Firm Now Among Utah’s Largest Title Agencies

SALT LAKE CITY--(BUSINESS WIRE)-- Cottonwood Title Insurance Agency, Inc., a Utah-based title insurance company, is pleased to announce the acquisition of Founders Title Company and Founders Title Company of Davis. The acquisition forms one of Utah’s largest commercial and residential title agencies offering a full range of title services to the Beehive State’s fast growing real estate market.

For almost 34 years, Founders Title has been one of the most highly regarded companies in the industry, frequently trusted with some of the largest commercial transactions in Utah. The move will provide customers with greater access to many of the most experienced title and escrow professionals in the industry.

“We are thrilled to welcome Founders Title to the Cottonwood Title family,” said Frank Ivory, President. “We have always had great respect for Founders Title and the integrity with which they run their business. Now, more than ever, we will have more resources available to our clients with increased speed and efficiency.”

Today, real estate transactions are more complex than ever before. “Our clients need access to highly skilled professionals ready to solve problems in a timely manner,” added Ivory. “The acquisition of Founders Title was done with this objective in mind.”

“This announcement is an exciting step for Founders Title,” said Duane Phillips, Chief Executive Officer, Founders Title Company.

Added Founders Title Company President Jim Morris, “We look forward to joining forces with our most formidable competitor.”

About Cottonwood Title

Since 2000, Cottonwood Title has provided professional title and escrow services for homeowners, developers, lenders, and investors throughout Utah. With over 100 employees and a combined seven offices, Cottonwood’s services are available statewide.

For more information, go to CottonwoodTitle.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20180201006401/en/

The Summit Group

Gabriel Smith, 801-400-3004

GSmith@SummitSLC.com

Source: Cottonwood Title

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