Friday, November 21, 2014

Solutionstar Buys Title365 For Real Estate Technology

Lewisville, Texas-based real estate technology developer Solutionstar said this morning that it hass acquired Title365, a provider of title insurance and escrow service platforms. Solutionstar-- wholly-owned subsidiary of Nationstar Mortgage Holdings--said it will pay $36M in cash for Title365, which it says will generate approximately $63M of revenue in 2014. Solutionstar said the deal will expand its services and diversify its revenue streams. The deal also includes Title365 technology subsidiaries X1 Labs and X1 Xpress.