JM Family Enterprises Acquires Futura Title & Escrow
July 19, 2022
JM Family Enterprises Inc., a privately held company with over $18 billion in revenue and more than 4,700 associates, acquired Futura Title & Escrow LLC.
“JM Family is in the business of helping other companies succeed, and our goal is to strategically leverage our strong culture and core competencies to ensure continued success for Futura and its family of companies,” said Ron Coombs, president of JM Family Holdings & Services. “We welcome Futura and its 700 associates to JM Family and are excited about our future growth together.”
Futura was founded in 1980 and is headquartered in Boise, Idaho. The company operates 72 branches through four brands serving high-growth real estate markets, including Alliance Title & Escrow, AmeriTitle, Pacific Alliance Title, and Kittitas Title and Escrow. Together, they serve Idaho, Oregon, Washington, Montana and Wyoming. Futura’s family of companies opened more than 100,000 title orders last year and currently serves 63 counties in the Pacific Northwest.
“Being a part of JM Family Enterprises will allow us to continue our tradition of operating as a privately-owned, independent title agency,” said Larry Matney, CEO of Futura Title & Escrow LLC. Matney has been with the company since 2000. “Our shared values, associate and customer-centric focus, and commitment to our communities makes this an ideal home for the Futura Title companies. JM Family is one of the finest and largest private family-owned businesses in the country, and we are excited to partner with them to continue growing the company within our current footprint and beyond."
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