North American Title Expands in Minnesota
August 9, 2016
North American Title Co. (NATC) has acquired Lakeville, Minn.-based Realstar Title, which operates in five locations. The acquisition expands NATC’s footprint to 13 branch offices throughout Minnesota.
“We are very pleased to add the Realstar team to the growing North American Title family,” said Tom Fischer, president of North American Title Group. “Over the past 20 years, Tom Christensen has put together a team of experienced and knowledgeable professionals that has justly earned a stellar reputation throughout the state. Their values, hard work and customer service focus are an exemplary model for the kind of agency we are looking to partner with as we grow our footprint across the U.S.”
A Minnesota licensed real estate attorney and a veteran of the title insurance industry, Christensen launched Realstar Title in 1994 in Lakeville.
“This acquisition gives us a coverage area that stretches from the Iowa border to an hour north of the Twin Cities, which is pretty unique in our market,” said Alex A. Grundhoffer, NATC senior vice president and Minnesota division manager. “We recognize how well Realstar’s footprint and staff complement and enhance what we are trying to achieve as a company. In turn, we can provide them with the all-important infrastructure and investment in industry best practices and compliance that has become so challenging for a smaller organization.”
Contact ALTA at 202-296-3671 or [email protected].