Monday, July 1, 2024
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A California-based subsidiary of First American Financial Corp. is set to enter the Wisconsin market through the acquisition of title-related businesses.

Mother Lode Holding Co., known for providing title insurance, underwriting, and escrow services for residential and commercial real estate, will acquire Wisconsin Title Service Co., along with its sister company Wisconsin Title Closing Service and four county plants.

While the terms of the deal remain undisclosed, Mother Lode expressed enthusiasm about expanding into key markets within Wisconsin and introducing new services to clients of Wisconsin Title Service.

Lisa Steele, Chief Operating Officer of Mother Lode, highlighted the alignment of values between the two companies, emphasizing their shared commitment to customer service and innovation.

Established in 1986 and headquartered in Roseville, California, Mother Lode operates as the parent company of Placer Title, among other entities. Prior to this acquisition, Mother Lode had a presence in 12 states, primarily in the Western United States.

Wisconsin Title, which has been serving the state’s real estate sector for 75 years with locations in Waukesha and Racine, along with its four plants, will operate as a wholly-owned subsidiary of Mother Lode. The company will retain its leadership under President Carrie Hoyer and Vice President Mark Ciborowski.

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