No photo available
Nov 5, 2019 — Confidential Information Memorandum (CIM) available upon receipt of our short online NDA - visit here: www.pronovapartners.com/engagement/high-net-nationwide-title-insurance-company-for-sale/
Nationwide title insurance agency active in 30+ states with a proprietary business model that provides the support independent operators need to close more deals. The Company has an integrated software platform allowing national closing services which is integrated directly with nearly all national lenders. Imminently scalable with phenomenal 35-40%+ contribution margins on new revenues brought onto the platform at this point. This will go quick! Very strong retention, stable book of business included, nearly all the top 25 revenue generating clients with the Company have been with the business more than 18 months. High barrier to entry in the title insurance field, and there is no similar scalable nationwide platform such as the Company’s in the market today. NDA is required for comprehensive 23 page Confidential Information Memorandum crafted by broker.
Facilities: One corporate office is included which has all the staff. That office runs fully automated at this stage, the Seller has only visited 2x in the past 2 years, even though he lives locally.
Competition: Title insurance is a very stable industry that is highly regulated and difficult to start your own, there are no similar entities like this Company in the market today.
Growth & Expansion: Very stable book of recurring revenues with much room to expand and grow. High net profit for every dollar added to the Company right now.
Financing: If the price and deal structure is right.
Support & Training: 2 weeks, 20 hours per week. This business is on auto-pilot, just need to add marketing fuel. CEO (#2 staff member) is ready to take the reins with a well-capitalized PEG or strategic buyer.
Reason for Selling: Retirement.