North American Title Acquires N.C.-based Title Agency
February 11, 2016
North American Title Co. has acquired Appalachian Title Co., based in Cornelius, N.C., north of Charlotte. In business since 2006, Appalachian Title Co. does business in North Carolina, South Carolina and Tennessee.
“This acquisition is part of our ongoing growth strategy, where North American Title Co. is on the lookout to acquire top title agencies in crucial markets,” said Tom Fischer, president, North American Title Group. “(Appalachian Title President) Nicky Watts has built a robust business in North Carolina, with a great reputation and a seasoned title team. He is the ideal partner for us as we expand our operations in the Carolinas.”
Appalachian Title Co. has underwritten its business with North American Title Insurance Co. (NATIC) since its inception in 2006. It was the first independent title agent in the nation authorized by NATIC, which is the affiliated underwriter of North American Title Co. Both companies are subsidiaries of North American Title Group.
Contact ALTA at 202-296-3671 or [email protected].