Stewart Acquires Majority Interest in Great American Title
January 11, 2022
Stewart Information Services Corp. acquired a majority interest in Houston-based Great American Title Co. (GATCO), which operates in 38 counties across Texas.
“By adding GATCO to the Stewart family of companies, we join forces with one of the area’s most respected brands and further strengthen our presence throughout the Greater Houston area,” said Stewart Group President Steve Lessack. “GATCO’s long history of providing high-quality customer service and their established local relationships are a testament to the teams they’ve built. This acquisition further enhances Stewart’s ability to provide best-in-class products and services throughout the area, and emphasizes our commitment to investing in key markets across the country.”
The acquisition creates additional scale in the area and continues to demonstrate Stewart’s commitment to investing in key markets. Over the past several months, Stewart has acquired Greater Illinois Title, Devon Title Agency and Rainer Title.
“GATCO is invested in each of our customer’s success, and as we’ve gotten to know Stewart’s leadership, we have seen the same commitment to customer excellence,” said Ronnie Matthews, chairman and principal of GATCO. “This acquisition only strengthens our core philosophy of making the transaction process seamless and efficient. With the ability to leverage Stewart’s financial strength and an expanded set of tools, we can continue to improve the transaction experience. We are excited about the opportunities joining the Stewart family presents for our employees, leadership team and customers.”
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