Britehorn Partners is pleased to announce it has served as the exclusive investment bank to O’Connor Title Guaranty in its sale to Near North Title Group. Based in Chicago, Illinois, O’Connor Title Guaranty is twenty-year-old title insurance agency serving Chicagoland and Southern Illinois commercial and residential real estate markets. Near North Title Group, one of the largest title agencies in the Midwest but offering services nationwide, has been serving commercial and residential title customers for over 30 years.
Markets have been volatile in 2022 as investors deal with higher inflation, higher interest rates, and the risk of a recession. How does this affect business owners and their potential to exit? What are the trends in business valuations, what are buyers looking for in this environment, and how can business owners maintain and improve their business valuation despite headwinds? Brett Story aims to answer some of those questions.
In last week’s webinar hosted by Meyer Law, Britehorn Partner Brett Story shared his perspective on issues to consider when growing a business in a way that maximizes value when it comes time to sell. Watch the full video here.
Britehorn Partners is pleased to announce that its client, SolarLeadFactory, has been acquired by Enphase Energy Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems. Founded in 2012, SolarLeadFactory provides high quality leads to solar installers.
The Broadband Group and Colorado Springs Utilities recently announced the launch of one of the largest fiber networks of its kind for a municipally owned utility. This announcement represents the culmination of more than a year of planning between Colorado Springs Utilities and The Broadband Group. Throughout the process, The Broadband Group has provided strategic financial planning (led by Britehorn Partners), network design, regulatory analysis and feasibility studies to ensure effectiveness and efficiency.
Britehorn Partners pleased to welcome Steve Gaynor to the firm as a Partner. Gaynor has decades of experience as an investment banker and attorney with a focus on representing clients in the technology, telecom, media and financial services industries. He holds both a JD and MBA from Harvard University.
“We have known Steve for years and are elated to have him join our team. He’s obviously someone with tremendous experience and a track record of skillfully leading successful transactions” said Britehorn Co-Founder and Partner, Brett Story. “Just as important though, Steve shares our values and commitment to doing things in our clients’ best interests.”
Britehorn Partners is pleased to announce that its client, Action Title Research, has been acquired by Strattam Capital — a leading private equity firm based in Austin, Texas, that invests in independent technology companies across North America.
Founded in 2003 by Chris Blum and Scott O’Neill, Action Title Research deploys a proven, technology-driven process to title research and public records analysis. Its clients include independent agencies, law firms and underwriters, and its proprietary solution results in the accurate and fast delivery of actionable data which is tailored to meet the needs of each customer. Action Title Research is uniquely positioned for explosive growth at the intersection of technology and the legacy title insurance industry.
Britehorn Partners is pleased to announce that its client, Tryon Title Agency, has been acquired by a leading private equity platform with over $5bn of assets under management. The acquisition represents the first part of a proprietary strategy this platform intends to execute across the title industry.
Tryon Title Agency is a market-leading independent title insurance agency based in North Carolina with expertise in residential and commercial title services. The company was founded in 2007 by CEO Chris Corchiani, who will continue as CEO and remain a material owner of the business. Tryon is uniquely positioned with a strong industry reputation, an expanding market position, and a highly experienced in-house team to take advantage of expanding opportunities in the rapidly evolving title industry.
As part of their Emerging Business Seminar Series, Denver-based law firm Snell & Wilmer invited our own Brett Story — Partner and Co-Founder of Britehorn Partners — to speak about concerns and considerations for business owners nearing selling their business. You can watch the full video here.
Title companies considering selling might wonder what the best option is for them: Merging with another company? Selling the business outright? Partnering with someone?
At this year’s National Settlement Services Summit (NS3) in Naples, Florida, our own Britehorn Partners and Britehorn Securities Co-Founder and Partner Bobbi Babitz Armstrong discussed what to consider when contemplating an M&A deal.