HomeServices of America Acquires Ownership Stake in Title Resources Group
May 5, 2022
HomeServices of America acquired a minority state in Title Resources Group (TRG). Terms were not disclosed. HomeServices is, an affiliate of Berkshire Hathaway.
"Our strengthened partnership with Title Resources Group further enhances the ability of HomeServices' sales associates to provide clients with a one-stop shopping approach to delivering the American dream of homeownership," said Gino Blefari, CEO of HomeServices. "We're excited to be a part of this joint venture with Scott McCall and his team, as well as our other partners at Centerbridge and Realogy."
HomeServices is joining TRG's other major shareholders, Centerbridge Partners LP and Realogy Holdings Corp., in participating in the joint venture.
"HomeServices of America is a long-time, valued customer of TRG, and we're thrilled to welcome them as a significant shareholder to our joint venture,” said Scott McCall, president and CEO, Title Resources Group. “We look forward to working with their team to expand our collaboration in the months and years ahead, further accelerating our growth."
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