50
STEWART
ACQUIRES GREAT
AMERICAN TITLE
Stewart Information Services
Corporation has announced the acquisition
of a majority interest in Great American
Title Company (GATCO), a provider of
title and escrow services in the Greater
Houston Metropolitan area.
"By adding GATCO to the Stewart
family of companies, we join forces with
one of the area's most respected brands and
further strengthen our presence throughout
the Greater Houston area," Stewart Group
President Steve Lessack said. "GATCO's
long history of providing high-quality
customer service and their established
local relationships are a testament to the
teams they've built. is acquisition further
enhances Stewart's ability to provide best-
in-class products and services throughout
the area, and emphasizes our commitment to
investing in key markets across the country."
Stewart offers residential and commercial
title insurance and closing and settlement
services, to specialized offerings for the
mortgage industry.
"GATCO is invested in each of our
customer's success, and as we've gotten to
know Stewart's leadership, we have seen the
same commitment to customer excellence,"
said Ronnie Matthews, Chairman and
Principal of GATCO. "is acquisition
only strengthens our core philosophy of
making the transaction process seamless
and efficient. With the ability to leverage
Stewart's financial strength and an expanded
set of tools, we can continue to improve the
transaction experience. We are excited about
the opportunities joining the Stewart family
presents for our employees, leadership team,
and customers."
e acquisition of GATCO marks
Stewart's second acquisition of a regional
title company over the past few months,
having earlier acquired Greater Illinois
Title Company (GITC). Headquartered in
Chicago, GITC operates Greater Illinois
Title, Greater Indiana Title, GIT Michigan,
Greater Wisconsin Title, Greater Missouri
Title, and GIT Florida Title Services, with a
subsidiary operating in 18 additional states.
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