Turk & Company Announces Acquisition of Timios, Inc. by Timios Acquisition, LLC

Rhea-AI Summary

Turk & Company announces acquisition of Timios, Inc. by Timios Acquisition, LLC

Positive

• Timios, Inc. has been acquired by Timios Acquisition, LLC, which could potentially propel Timios' growth to unprecedented levels. Turk & Company served as the exclusive investment banker to Timios, Inc.

Negative

• None.

DENVER, July 17, 2023 /PRNewswire/ -- Turk and Company, announced today that its client, Timios, Inc, a subsidiary of Ideanomics (NASDAQ:IDEX), has been acquired by Timios Acquisition, LLC.

Turk and Company served as the exclusive investment banker to Timios, Inc.

Timios provides title & settlement, appraisal management, and REO title/closing services in 46 states + D.C.

Howard Turk, Founder and Managing Director of Turk and Company, said, "This achievement represents yet another significant milestone for us. It has been an absolute pleasure to collaborate with Timios, and we take immense pride in having delivered such an excellent outcome for all stakeholders involved."

Looking ahead with anticipation, Matthew Golden, the President and CEO of Timios, shares his excitement, stating, "This next chapter holds tremendous potential for us. Over the past two decades, Timios has continuously grown and diversified its operations. With certain business channels experiencing rapid expansion, this acquisition will propel our growth to unprecedented levels. We are immensely grateful to Turk & Co for their invaluable industry insights and guidance."

Turk & Co is a real estate industry Mergers and Acquisition firm with global reach that specializes in evaluating, buying and selling title insurance agencies, title insurance underwriters and ancillary businesses.

To learn more, please contact us at learnmore@turkandco.com or 310 294 9199. 

Howard Turk
Managing Director
Turk & Company

Direct: 310 294 9199
Mobile: 714 655 7714
Email: Howard.Turk@TurkandCo.com 
www.TurkandCo.com

View original content:https://www.prnewswire.com/news-releases/turk--company-announces-acquisition-of-timios-inc-by-timios-acquisition-llc-301878812.html

SOURCE Turk & Co.

FAQ

Who acquired Timios, Inc.?

Timios, Inc. was acquired by Timios Acquisition, LLC.

What services does Timios provide?

Timios provides title & settlement, appraisal management, and REO title/closing services in 46 states + D.C.

Who served as the exclusive investment banker to Timios, Inc.?

Turk & Company served as the exclusive investment banker to Timios, Inc.

What is Turk & Company's specialization?

Turk & Company specializes in evaluating, buying and selling title insurance agencies, title insurance underwriters, and ancillary businesses in the real estate industry.

How can I contact Turk & Company for more information?

You can contact Turk & Company at learnmore@turkandco.com or by calling 310 294 9199.