Knox-Precision Holdings Acquires Lenders Title
August 16, 2022
Knox-Precision Holdings LLC acquired Lenders Title Group from First Horizon Corp.
Terms of the deal were not disclosed. Turk and Company served as the investment banker to Lenders Title.
"Our vision is to build the largest and best independent title agency in the country," said Alex Gregor, Knox-Precision Holdings founder and managing partner. "One element of our plan involves buying world class title businesses, led by exceptional operators who share our belief in the merit of building a business where our employees feel valued, safe and enjoy abundant career growth opportunities. LTG also adds to our geographic footprint so that we are now super regional and well on our way to becoming national."
Lenders Title, which has been in business for over 100 years, operates in Arkansas, Louisiana and Tennessee. Beau Fast, president and CEO of Lenders Title, will join Knox-Precision Holding.
"We are excited about this next chapter in our journey," Fast said. "Our historical success is due to the hard work and dedication of our title associates and the confidence our clients have in us, all backed by the support of our banking colleagues throughout the years. Our team now has a chance to continue to flourish as a part of Knox-Precision Holdings, an organization dedicated to title and closing services."
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