March 8, 2021
Britehorn Partners served as exclusive investment banker to Meridian Title Corporation in its sale to Armatage Capital. This deal represents another successful transaction for Britehorn Partners in the title insurance sector. Financial terms of the transaction were not disclosed.
Founded in 1938, Meridian Title has 34 offices in Indiana and Michigan, and facilitates residential and commercial transactions across the country. The company works with real estate brokers, banks, attorneys, builders and individual home buyers and sellers to deliver streamlined and on-time closings for any type of real estate transaction.
“When we started the sale process, our goal was to find the right partner to continue the company’s proud legacy of service to our clients and our family culture,” said Mark Myers, outgoing CEO of Meridian Title. “We are grateful to the Britehorn Partners team, led by Brett Story, for identifying Armatage as the right buyer and guiding us to a successful transaction.”
“I am very excited to get to work with the Meridian team and build upon the company’s strong foundation and sterling reputation,” said incoming CEO and Armatage principal, Randy Rempp, “We have evaluated countless businesses over the years and believe we have found the perfect acquisition in Meridian.”
To learn more about this transaction or selling your title business, please contact us.