JM Family Enterprises, a firm with over $18 billion in revenue, has acquired Futura Title & Escrow LLC, a family of title and escrow companies.
Futura has four brands serving the real estate markets: Alliance Title & Escrow, AmeriTitle, Pacific Alliance Title, and Kittitas Title and Escrow. These brands offer single-source services for title and escrow services on real estate transactions.
“JM Family is in the business of helping other companies succeed, and our goal is to strategically leverage our strong culture and core competencies to ensure continued success for Futura and its family of companies,” said Ron Coombs, president of JM Family Holdings & Services, which supports the execution of the JM Family’s strategy and acquisition efforts. “We welcome Futura and its 700 associates to JM Family and are excited about our future growth together.”
Locke Lord LLP served as legal advisor, and Alvarez & Marsal Transaction Advisory Group served as financial advisor to JM Family. Parr Brown Gee & Loveless served as legal advisor, and Houlihan Lokey served as financial advisor to Futura.