Florida-based Title Company Acquires Competitor
January 14, 2014
Tampa Bay, Fla.-based Hillsborough Title announced it acquired the operations of Paramount Title Corp.
“We are excited about the merger of our two companies,” said Aaron Davis, president and CEO of Hillsborough Title. “Both of our companies were founded in 1984 and we are so happy to be celebrating our 30-year anniversaries together.”
Hillsborough Title, which now has a staff of more than 90, was founded by Davis’ mother, Gail Calhoun.
Davis said the acquisition gives Hillsborough Title a new presence in Carrollwood and North Hillsborough counties, while enhancing the company’s footprint in the Tampa Bay area.
Jim Farr founded Paramount Title after serving as underwriting counsel for Chicago Title Insurance Co. and has over 38 years’ experience in the Title Insurance industry. He will continue as underwriting attorney for Hillsborough Title. Additionally, Rhia Winant served as president of Paramount Title Corporation since 2010 and will represent Hillsborough Title as legal counsel.
“We at Paramount Title Corporation are very excited about the merger of our title operations with Hillsborough Title,” Winant said. “We are proud of the 30-year history of both our companies and look forward to working with title professionals that share the same values and ethics that are so important in our industry.”