M&A
confidence high
sentiment positive
materiality 0.60
HG Holdings completes acquisition of remaining 50% of Title Agency Ventures for $2.2M
HG Holdings, Inc.
- Purchased remaining 50% of Title Agency Ventures LLC from Fidelis US Holdings for $2.2M cash.
- Combined with July 2021 acquisition of National Consumer Title Group, now sole owner of Omega National Title Agency.
- Omega operates 10 Florida title agency locations for residential and commercial real estate transactions.
- Representations survive 12 months; indemnification for non-fundamental breaches capped at $220,000.
- Financial statements of acquired business to be filed by amendment within 71 days.