Stewart Acquires Devon Title Agency and Scales Michigan Market | Associated press
HOUSTON – (BUSINESS WIRE) – Dec. 16 2021–
Stewart Information Services Corporation (NYSE-STC) today announced the acquisition of Devon Title Agency (“Devon”). Devon is one of Michigan’s largest securities firms, with over 30 years of experience providing premium securities services to clients statewide. The transaction highlights Stewart’s focus on investing in key markets across the country on the path to becoming the Premier Title Services Company.
“The addition of Devon to the Stewart family of companies makes us one of the market leaders in Michigan,” said Steve Lessack, President of the Stewart Group. “Devon is a well-respected brand with an excellent team of associates who provide exceptional service to residential, commercial and lender clients. The complementary strengths and capabilities they bring will only strengthen both companies and create additional opportunities for each as we look to their management team to continue to grow the Devon brand. “
“We are very excited to join the Stewart family of companies and have the opportunity to work with their team of industry-leading title professionals,” said Dan Lievois, CEO of Devon Title Agency. “Having the backing of a company like Stewart also provides financial strength and leading-edge technology that will further enhance our growth objectives throughout the Michigan market. Stewart’s culture, which highlights the importance of teamwork, coupled with their technology, was a key point for us and made joining Stewart a natural fit. I have no doubts that this exciting new relationship will bring tremendous value to our clients and our team members. “
Stewart (NYSE-STC) is a global real estate services company, delivering products and services through our direct operations, our network of Stewart Trusted Providers ™ and our family of companies. From residential and commercial title insurance and closing and settlement services to specialist mortgage offerings, we provide the full service, in-depth expertise and solutions our clients need for any real estate transaction. At Stewart, we are committed to being the premier securities services company and we are committed to doing so by partnering with our clients to create mutual success. Learn more at stewart.com.
MEDIA CONTACT: John Chattaway, Stewart Media Relations
(713) 625-8180; [email protected]
KEYWORD: UNITED STATES NORTH AMERICA TEXAS MICHIGAN
INDUSTRY KEYWORD: PROFESSIONAL SERVICES RESIDENTIAL BUILDING AND REAL ESTATE COMMERCIAL BUILDING AND REAL ESTATE FINANCE CONSTRUCTION AND REAL ESTATE REIT
SOURCE: Stewart Information Services Company
Copyright Business Wire 2021.
PUB: 12/16/2021 2:33 PM / DISC: 12/16/2021 2:33 PM
Copyright Business Wire 2021.
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