M&A Deal Summary

Guaranteed Rate Acquires Attorneys Title Guaranty Fund

On April 4, 2022, Guaranteed Rate acquired insurance company Attorneys Title Guaranty Fund

Acquisition Highlights
  • This is Guaranteed Rate’s 1st transaction in the Insurance sector.
  • This is Guaranteed Rate’s 2nd transaction in the United States.
  • This is Guaranteed Rate’s 1st transaction in Illinois.

M&A Deal Summary

Date 2022-04-04
Target Attorneys Title Guaranty Fund
Sector Insurance
Buyer(s) Guaranteed Rate
Deal Type Add-on Acquisition
Advisor(s) Piper Sandler & Co. (Financial)

Target

Attorneys Title Guaranty Fund

Chicago, Illinois, United States
Attorneys' Title Guaranty Fund is an operator of a title insurance underwriter who presided over more than three million home closings and provided homebuyers with competitively priced title insurance. Attorneys' Title Guaranty Fund was founded in 1946 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Guaranteed Rate

Chicago, Illinois, United States

Category Company
Founded 2000
Sector Financial Services
DESCRIPTION

Guaranteed Rate is a retail mortgage lender in the United States. The Company operates through three distribution channels: distributed retail, online direct-to-consumer and Guaranteed Rate Affinity, a joint-venture with Realogy Holdings Corporation (“Realogy”) established in 2017. Guaranteed Rate was founded in 2000 and is based in Chicago, Illinois.


DEAL STATS #
Overall 2 of 2
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Illinois M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-05 Stearns Lending

Lewisville, Texas, United States

Stearns Lending LLC is a provider of mortgage lending services in Wholesale, Retail, Correspondent, and Strategic Alliances sectors throughout the United States. Stearns Lending LLC was founded in 1989 and is based in Lewisville, Texas.

Buy -