M&A Deal Summary

First American Acquires Interthinx

On February 6, 2014, First American acquired information technology company Interthinx from Verisk for 155M USD

Acquisition Highlights
  • This is First American’s 1st transaction in the Information Technology sector.
  • This is First American’s largest (disclosed) transaction.
  • This is First American’s 5th transaction in the United States.
  • This is First American’s 2nd transaction in California.

M&A Deal Summary

Date 2014-02-06
Target Interthinx
Sector Information Technology
Buyer(s) First American
Sellers(s) Verisk
Deal Type Divestiture
Deal Value 155M USD

Target

Interthinx

Agoura Hills, California, United States
website
Interthinx, Inc. is a provider of essential solutions to mitigate risk in the mortgage lending marketplace. Interthinx offers capabilities in mortgage fraud and verification, property valuation, compliance, quality control and loss mitigation that are used by the nation’s top financial institutions. Interthinx helps its clients minimize risk, increase operational efficiencies, satisfy regulator demands, manage data verification, and remain compliant.

Search 192,349 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

First American

Santa Ana, California, United States

website


Category Company
Founded 1889
Sector Financial Services
Employees21,153
Revenue 7.6B USD (2022)
DESCRIPTION
Entrance to First American Financial's corporate headquarters in Santa Ana, California.
Entrance to First American Financial's corporate headquarters in Santa Ana, California.

First American is engaged in the business of providing financial services through its title insurance and services segment and its specialty insurance segment. The title insurance and services segment provides title insurance, closing and/or escrow services and similar or related services domestically and internationally in connection with residential and commercial real estate transactions. It also maintains, manages and provides access to title plant records and images and provides banking, trust and investment advisory services. The specialty insurance segment issues property and casualty insurance policies and sells home warranty products. First American was incorporated in 1889 and is based in Santa Ana, California.


DEAL STATS #
Overall 5 of 14
Sector (Information Technology) 1 of 3
Type (Divestiture) 1 of 1
State (California) 2 of 4
Country (United States) 5 of 14
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-02 Nazca Solutions

Minneapolis, Minnesota, United States

Nazca Solutions, Inc., uses proven technology originally developed for Fingerhut/Petters Group to automate the extraction, management and reporting of county property and school district data.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-06 RedVision Systems

Parsippany, New Jersey, United States

RedVision Systems, Inc. is provider of title insurance, settlement services and risk solutions for real estate transactions. RedVision, which is based in New Jersey, offers title evidence solutions, including data, technology and managed services focused on the procurement and processing of title information.

Buy -

Seller(S) 1

SELLER

Verisk

Jersey City, New Jersey, United States

website


Category Company
Founded 1971
Sector Information Technology
Employees8,960
Revenue 2.8B USD (2020)
DESCRIPTION

Verisk is a source of information about risk.offer risk assessment services and decision analytics for professionals in many fields. property/casualty insurance, financial services, healthcare, government, human resources. Verisk was based in 1971 and is based in Jersey City, New Jersey.


DEAL STATS #
Overall 1 of 7
Sector (Information Technology) 1 of 3
Type (Divestiture) 1 of 7
State (California) 1 of 2
Country (United States) 1 of 6
Year (2014) 1 of 1
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-07 Argus Information & Advisory Services

White Plains, New York, United States

Argus Information & Advisory Services, LLC, is a provider of competitive benchmarking, scoring solutions, analytics, and customized services to financial services institutions and regulators in North America, Latin America, and Europe.

Buy $425M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-03 Dart Consulting

Ludwigshafen, Germany

Dart Consulting GmbH is a provider of competitive benchmarking, scoring solutions, analytics, and customized services to financial services institutions and regulators in North America, Latin America, and Europe. Using more than ten years of de-identified longitudinal data, Argus provides important insights for its customers, who currently include most of the leading retail banks and credit card issuers in the United States, Canada, United Kingdom and Australia. Argus is a Verisk Analytics (Nasdaq:VRSK) business.

Buy -