Dream Finders Homes Enters into Agreement to Acquire Alliant National Title Insurance Company, Inc.
24 10월 2024 - 5:15AM
Business Wire
Dream Finders Homes, Inc. (the “Company”, “Dream Finders Homes”,
“Dream Finders” or “DFH”) (NYSE: DFH) announced today that it has
entered into a definitive agreement to acquire Alliant National
Title Insurance Company, Inc. (“Alliant National”) and a related
affiliate.
Alliant National, based in Longmont, Colorado, is a title
insurance underwriter with more than 700 independent agents in 32
states and the District of Columbia. Alliant National is the
largest independent title underwriter in the country with no direct
or affiliated operations.
Patrick Zalupski, Dream Finders’ Chairman and CEO, said, “This
is a strategic acquisition for DFH and allows us to further
vertically integrate alongside our existing title insurance agency
business while facilitating growth in the title insurance
marketplace. We are excited to partner with a successful and
motivated Alliant National team and believe our homebuilding
operations can add meaningfully to the bottom line of Alliant
National, which will in turn benefit the bottom line of DFH.”
David Sinclair, President & CEO of Alliant National, said,
“Building on almost 20 years of serving independent title agents,
we are thrilled to partner with Dream Finders Homes and envision an
exciting future. The collaboration of an innovative builder, strong
title agency, and the Alliant National underwriting team will
promote our long-term success and growth into a national
competitor.”
The closing of this transaction is subject to closing
conditions, including insurance regulatory approvals.
About Dream Finders Homes, Inc.
Dream Finders Homes (NYSE: DFH) is a homebuilder based in
Jacksonville, Florida. Dream Finders Homes builds single-family
homes throughout the Southeast, Mid-Atlantic and Midwest, including
Florida, Texas, Tennessee, North Carolina, South Carolina, Georgia,
Colorado, and the Washington, D.C. metropolitan area, which
comprises Northern Virginia and Maryland. Through its wholly owned
subsidiaries, DFH also provides mortgage financing and title
services to homebuyers. Dream Finders Homes achieves its
industry-leading growth and returns by maintaining an asset-light
homebuilding model. For more information, please visit
www.dreamfindershomes.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20241022735286/en/
Investor Contact: investors@dreamfindershomes.com
Media Contact: mediainquiries@dreamfindershomes.com
Dream Finders Homes (NYSE:DFH)
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Dream Finders Homes (NYSE:DFH)
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