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Stewart Continues to Transform Digital Closing Process With Acquisition of Signature Closers, LLC

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Rhea-AI Summary

Stewart Information Services Corporation (NYSE:STC) has announced its acquisition of Signature Closers, LLC. This strategic move aims to enhance Stewart's digital capabilities by integrating Signature Closers' notary services with its existing platforms, including NotaryCam and CertifID. CEO Fred Eppinger emphasized that the acquisition will simplify and secure the title and closing process for customers. Signature Closers will continue to operate, offering extensive signing support through a network of compliant notary agents, further advancing Stewart's mission to provide superior real estate services.

Positive
  • Acquisition of Signature Closers enhances digital capabilities and customer experience.
  • Integration with NotaryCam and CertifID creates a comprehensive digital solution.
  • Strengthening of services for title companies and lenders through a vetted notary network.
Negative
  • None.

Stewart Information Services Corporation (NYSE:STC), announced today its acquisition of Signature Closers, LLC, a move that further strengthens a digital strategy focused on ease-of-use for the customer by creating a centralized experience that includes recently acquired NotaryCam and partnership with CertifID.

“With their industry-leading notary panel and technology platform, Signature Closers is the perfect addition to our digital capabilities, advancing our strategic vision of accelerating, securing, and simplifying the title and closing process for our customers,” said Stewart CEO Fred Eppinger. “Stewart is on a mission to be the Premier Title Services Company, and the foundation being the services we provide. These recent acquisitions and partnerships help create an end-to-end digital product offering by utilizing complementary products and services to enhance the closing process and further improve the customer experience.”

Signature Closers provides full- and self-service signing support for title companies and lenders via their vetted and compliant eNotary-capable network of notary signing agents and attorneys along with a proprietary internal solution. The SYNC (Secure Your Notary Closer) platform provides a robust, configurable, transparent, and cost-effective means for companies looking to automate and manage signings in-house.

“These transactions further demonstrate our commitment to providing best-in-class services for all customers across the real estate and financial spectrum,” said Eppinger. “Our goal is to deliver a simple yet superior experience for every borrower, buyer, and seller, and by combining Signature Closers with NotaryCam and our existing services, we are creating a more complete digital customer solution.”

Signature Closers will continue serving local, regional, and national title agents and lender services companies.

Broadhaven Capital Partners, LLC served as exclusive financial advisor to Signature Closers, LLC.

About Stewart

Stewart (NYSE-STC) is a global real estate services company, offering products and services through our direct operations, network of Stewart Trusted Providers™ and family of companies. From residential and commercial title insurance and closing and settlement services to specialized offerings for the mortgage industry, we offer the comprehensive service, deep expertise and solutions our customers need for any real estate transaction. At Stewart, we are dedicated to becoming the premier title services company and we are committed to doing so by partnering with our customers to create mutual success. Learn more at stewart.com.

FAQ

What is the purpose of Stewart's acquisition of Signature Closers?

The acquisition aims to enhance Stewart's digital capabilities and simplify the title and closing process for customers.

How will the integration of Signature Closers impact Stewart's offerings?

It will create a more comprehensive digital customer solution by combining services with NotaryCam and CertifID.

When was the acquisition of Signature Closers announced?

The acquisition was announced today.

What services does Signature Closers provide?

Signature Closers offers full- and self-service signing support through a compliant network of notary signing agents and attorneys.

What is the stock symbol for Stewart Information Services Corporation?

The stock symbol for Stewart is STC.

Stewart Information Services Corporation

NYSE:STC

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Insurance - Property & Casualty
Title Insurance
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United States of America
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