Doma Holdings has announced the sale of its Texas and Midwest Local Retail Title Operations to Capital Title of Texas and Near North Title Group, respectively. The completed sales include multiple retail title locations and operations centers in the Texas, Illinois, Indiana, Minnesota and Wisconsin regions. This transaction follows Doma‘s announcement on its Q1 earnings call that it had been conducting a comprehensive review of the business over the last several months to evaluate the optimal organization structure to successfully deliver on its mission to make homebuying more affordable and to maximize shareholder value. In connection with the transactions, Houlihan Lokey is acting as a financial advisor to Doma and Mayer Brown is acting as legal counsel to Doma.
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