Trusted Land Transfer Acquires New Jersey-based Title Agency
July 18, 2024
Trusted Land Transfer (TLT) recently acquired Brennan Title Abstract, which is located in Cherry Hill, N.J.
Brennan Title Abstract will operate as Brennan Title Abstract, a Division of Trusted Land Transfer. As a result of the merger, Patrick Brennan will join TLT as president of this division. He has more than 50 years of experience in the New Jersey title insurance business.
Meral Smith will also join TLT as a senior vice president of the new division. Smith is a 40-year veteran of the title industry.
Licensed and providing settlement services in Pennsylvania, New Jersey, Delaware, Florida, and Washington, D.C., TLT also has locations in Philadelphia and Ambler and now Cherry Hill through the deal.
TLT acquired Quakertown-based Plymouth Group in June 2023. Faith Hammes is president and CEO of TLT, while Bob Marino is executive chair.
“We are on a major growth trajectory,” Marino said. “When you factor in that Faith and I reacquired Trusted Land Transfer from Finance of America in May 2023, this is in essence our third title company acquisition in 13 months. We will continue to look for opportunistic strategic acquisitions that help us grow revenue and expand geographic markets and new lines of business. We continue to be most proud of the team of professionals at TLT and the 50 percent annual organic growth we have been able to achieve in a very challenging commercial and residential real estate market.”
Contact ALTA at 202-296-3671 or [email protected].