RedVision Acquires Real Property Data Division of Abstract Company
|February 9, 2012|
RedVision, a national provider of title information and real property research solutions, acquired the real property research division of Security Search & Abstract Company Incorporated. This division, which is the majority of Security Search & Abstract’s business, has predominantly provided title reports and real property information for over four decades to the Pennsylvania and New Jersey markets.
The core value of this union is the ability to leverage Security Search & Abstract’s rich history of real property data assets and its quality professionals onto RedVision's leading national title plant and TitleVision2 workflow platform, RedVision said in a statement.
“The acquisition of Security Search & Abstract supports our strategy of combining local expertise and data with best practice standards and industry leading technology,” said Brian Twibell, CEO of RedVision. “We respect and appreciate the differences in each State as to business practices, regulations and courthouse data. The professionals of Security Search & Abstract have the nuanced knowledge and expertise that comes only with experience. Combined with RedVision’s title plant and web-based expert workflow, our mutual local and national customers will see a continuum of improvements and benefits as we integrate staffs, data assets and overall standards and practices.”
“The expansion of our resources with those of RedVision makes for one of the largest network of highly skilled examiners and property research experts in the country,” says Kilty Mahoney, President of Security Search & Abstract Company, Inc. “RedVision’s technology advancements and additional geographic expansion will provide great value for our loyal customers.”
Security Search & Abstract clients can use the same communication channels with which they are accustomed. Existing service and support contacts remain unchanged with the current Security Search & Abstract staff integrating into the RedVision population of expert examiners and title professionals. Kilty Mahoney will continue to serve the company as RedVision Director of Pennsylvania Title Solutions. The company will continue to operate its current locations with the name, Security Search & Abstract Company, under the direction of Jacqueline Young, RedVision’s vice president and Mid-Atlantic regional director.
"RedVision delivers innovative property research solutions to help organizations put the customer at the center of their business operations," Young said. “This acquisition emphasizes RedVision’s mission to deliver superior real property research solutions, serviced by local experts to ensure quality and production efficiencies."