Monday, April 1, 2013

AmeriTitle, Alliance Title & Escrow, now have same parent company

Two of the largest independent regional title and escrow companies in the Pacific Northwest, Alliance Title & Escrow Corp. and AmeriTitle Inc., have joined to create the largest independent title and escrow group in the Pacific Northwest, with more than 600 title and escrow professionals and 73 offices operating in five states.

The companies, both of which have offices in Idaho Falls, will maintain their separate brand identities.

"This is an ideal combination of two great regional companies," said Larry Matney, CEO of Futura Title & Escrow, which announced this morning it had bought AmeriTitle. "Our operations are very compatible and our customers and employees will benefit greatly from the geographical coverage, scale and service capabilities of the new organization."
AmeriTitle founder and president Linda Stelle will remain in her current position. "As we considered the sale of our company, it was important to align with a parent company that was as deeply committed to the Pacific Northwest as we are," she said. "As always, service with commitment to our local communities and customers will be among our highest priorities at AmeriTitle."

Headquartered in Bend, Ore.,  AmeriTitle is one of the largest title and escrow companies in the Pacific Northwest. With nearly 300 employees in offices in Oregon, Idaho and Washington. Boise-based Alliance Title & Escrow Corp. dates back to the 1800s and became part of the Futura Corporation family of companies in the spring of 1995.  It has 33 branch operations throughout Idaho, Montana, Washington and Wyoming.