First American Completes Acquisition of RedVision

  • M&A Deals
  • 22.09.2016 07:30 am

First American Financial Corporation, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today announced the completion of its acquisition of RedVision Systems, Inc., the largest independent national provider of title and real property research. RedVision, which is based in New Jersey and is now part of First American’s Data and Mortgage Solutions division, offers title evidence solutions, including data, technology and managed services focused on the procurement and processing of title information. The company is recognized throughout the industry for its innovative, proprietary technology, which includes its production platform, TitleVision2, and Nova®, which offers a customizable and scalable solution for title research and production.

“It’s exciting to officially welcome RedVision to the First American family of companies. By connecting First American’s industry-leading title and property data and recorded documents with RedVision’s nationwide technology platform and services, we’re strengthening First American’s ability to deliver superior quality, coverage and operational flexibility to our customers,” said George Livermore, executive vice president of First American’s Data and Mortgage Solutions division. “This move will also allow First American’s Data Trace group to leverage RedVision’s real property data to quickly and efficiently build additional digital title plants. RedVision’s innovative workflow and national professional services teams will now have access to Data Trace’s information, allowing RedVision to expand its product offerings and enhance its service levels.”

RedVision, as part of First American’s Data and Mortgage Solutions division, is operating as a business unit under its current brand and management team, with CEO Brian Twibell continuing to lead the business.

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