M&A Deal Summary

Fidelity National Financial Acquires Lender Processing Services

On January 2, 2014, Fidelity National Financial acquired financial services company Lender Processing Services for 2.9B USD

Acquisition Highlights
  • This is Fidelity National Financial’s 3rd transaction in the Financial Services sector.
  • This is Fidelity National Financial’s 2nd largest (disclosed) transaction.
  • This is Fidelity National Financial’s 17th transaction in the United States.
  • This is Fidelity National Financial’s 2nd transaction in Florida.

M&A Deal Summary
Date 2014-01-02
Target Lender Processing Services
Sector Financial Services
Buyer(s) Fidelity National Financial
Deal Type Add-on Acquisition
Deal Value 2.9B USD
Advisor(s) Credit Suisse Investment Banking
Goldman Sachs (Financial)

Target

Lender Processing Services

Jacksonville, Florida, United States
Lender Processing Services LLC, is a provider of mortgage and consumer loan processing services, mortgage settlement services, default solutions and loan performance analytics, as well as solutions for the real estate industry, capital markets investors and government offices.

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Buyer(S) 1

Buyer

Fidelity National Financial

Jacksonville, Florida, United States
Category Company
Founded 1847
Sector Insurance
Employees22,293
Revenue 11.5B USD (2023)
DESCRIPTION
Fidelity National Financial's corporate headquarters in Jacksonville, Florida.
Fidelity National Financial's corporate headquarters in Jacksonville, Florida.

Fidelity National Financial is a provider of insurance escrow, and other services. Fidelity National Financial was incorporated in 1847 and is based in Jacksonville, Florida.

DEAL STATS #
Overall 17 of 30
Sector (Financial Services) 3 of 3
Type (Add-on Acquisition) 11 of 22
State (Florida) 2 of 3
Country (United States) 17 of 29
Year (2014) 1 of 2
Size (of disclosed) 2 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-31 Digital Insurance

Atlanta, Georgia, United States

Digital Insurance, Inc. is an employee benefits platform specializing in health insurance distribution and benefits management for small and mid-sized businesses. Digital manages more than 20,000 employer clients, 250 broker partnerships and more than $1 billion in annual premiums. Digital's largest division, Digital Benefits Advisors, is a rapidly growing health benefits brokerage agency that utilizes Digital's highly scalable benefits technology platform to successfully target the SMB marketplace on a direct basis.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-01 BPG Holdings

Alpharetta, Georgia, United States

BPG has been providing home warranties and home inspections to consumers involved in real estate transactions since 1987. BPG currently operates in 14 states including the top 25 housing markets and includes the ownership of home warranty company, HISCO. HISCO was the first company to be granted a home protection license by the California Department of Insurance in 1973 at the inception of the home warranty industry has been providing home warranties since 1987 and home inspections since 1989.

Buy -
Mergr

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