Stewart acquires MCS for $330M cash, expanding property preservation services

STEWART INFORMATION SERVICES CORP

Stewart subsidiary SISCO Holdings to acquire MCS for $330M in cash, funded from available resources.
MCS provides property preservation services for mortgage servicers; acquisition adds default servicing capability.
Transaction expected to close before end of 2025, subject to HSR clearance and customary conditions.
Stewart expects the deal to be immediately accretive to earnings.
MCS will operate as a standalone company within Stewart's Real Estate Solutions business.

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