Chicago Title Acquires Minneapolis-based Commercial Partners Title
December 1, 2020
Chicago Title recently acquired Commercial Partners Title in Minneapolis in a move to bolster the company’s presence in the market.
“This purchase was a strategic acquisition for us,” said John Wunderlich, executive vice president of Chicago Title. “Chicago Title’s commercial footprint in Minnesota primarily involves national customers doing business in Minneapolis. Commercial Partners has a dominant position in the local Minneapolis marketplace. The significant resources that Chicago Title can provide combined with the outstanding leadership and talent that Commercial Partners brings to the table is an exciting combination for our company and our clients. The intention is to keep the talent in both teams and merge Chicago Title into Commercial Partners.”
Mark Goodman, vice president and manager of Commercial Partners, will lead the new company, which will be called Commercial Partners Title, a division of Chicago Title. He joined Commercial Partners in 1995.
“I am very excited about this next chapter for Commercial Partners and Chicago Title,” Goodman said. “Chicago Title is a great organization that can help us get to the next level. We value our customers as partners, and look forward to continuing to serve them with even more resources.”
Fran Iverson at Chicago Title will move to a new role as national commercial counsel and join the underwriting team. Iverson has served as state counsel. For the last several years she has managed the Chicago Title operations.
“My new role is perfect for me and our clients,” said Iverson. “We have and will continue to do everything we can to meet the needs of our clients with this incredible team.”
Tony Winczewski and Jane Miller co-founded Commercial Partners 25 years ago. Winczewski will remain on the leadership team of the combined operations.
Contact ALTA at 202-296-3671 or [email protected].