First American to Acquire Redvision
September 6, 2016
First American Financial Corp. has signed an agreement to acquire RedVision Systems Inc., a national provider of title and real property research.
The acquisition will allow First American’s Data Trace group to leverage RedVision data to efficiently build additional title plants. RedVision, which will become part of First American’s Data and Mortgage Solutions division, will operate as a business unit under its brand and its management team. Brian Twibell, RedVision’s CEO, will continue to lead the business.
" RedVision’s data, technology and services complement First American’s existing title search and title evidence production and will further expand First American’s industry-leading position in title and property data," said George Livermore, executive vice president of First American’s Data and Mortgage Solutions division. “RedVision’s nationwide title production platform, coupled with First American’s title and property data, and billions of recorded documents, will offer our customers unmatched quality, coverage and operational flexibility.”
Based in New Jersey, RedVision is an ALTA Elite Provider. The company has been successfully examined against SOC 2 standards, named on HousingWire’s TECH100 and listed repeatedly as one of the fastest-growing companies by Inc.
"We’re delighted with the opportunity to combine our technology, services and expertise with those of First American, a company known for its integrity, innovation and leadership in the title and settlement services industry,” Twibell said. “RedVision’s platform, now powered by industry-leading title and property data, will offer title evidence and packaged title reports with enhanced quality, accuracy and efficiency. Our employees will also benefit by being part of a company recognized in 2016 by Fortune magazine as one of the 100 best companies to work for in America.”
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