M&A
confidence high
sentiment positive
materiality 0.60
HG Holdings completes $5.49M acquisition of Florida title insurer and agency stake
HG Holdings, Inc.
- Purchased 100% of NCTIC (Florida title insurer) and 100% of NCTG (owns 50% of Omega National Title Agency with 10 Florida locations).
- Total purchase price of $5.489 million funded from cash on hand; economic transfer effective July 1, 2021.
- Acquisition adds title insurance, closing/escrow services for Florida residential real estate transactions.