ACCESS Newswire
04 May 2021, 01:13 GMT+10
SOUTHFIELD, MI / ACCESSWIRE / May 3, 2021 / P&M Corporate Finance, LLC ('PMCF') is pleased to announce that it served as the exclusive financial advisor to ATA National Title Group, LLC and its subsidiaries and affiliated companies (collectively, 'ATA' or the 'Company'). CNL Strategic Capital, LLC acquired a majority equity stake in partnership with ATA's management.
Founded in 1999 and headquartered in Farmington Hills, Michigan, ATA is a national independent title insurance agency and settlement service provider for the residential resale, residential refinance, commercial and default real estate markets. Its brands include Attorneys Title Agency, Greco Title Agency, Midstate Title Agency, Seaver Title Agency, and Talon Title Agency. ATA has over 400 employees across 60 offices in the Great Lakes Region (Michigan, Indiana, Ohio, and Illinois), and its business has a nationwide reach through key underwriter relationships. ATA is in the top 1% of independent title insurance agencies in the United States in terms of volume, completing more than 50,000 transactions per year.
Bill Robinson, President of ATA, said, 'ATA's success as a leader in the title services industry has been achieved by our focus on world-class service and value creation opportunities. Our partnership provides our firm the resources to continue being a market-leading title services provider. I look forward to our collaboration contributing meaningfully to the continued growth of our business.'
ATA selected PMCF to serve as their exclusive advisor and investment banker in the transaction. Retired U.S. Congressman, Founder, and Chairman of ATA, David Trott, added, 'PMCF has assisted me with the sale of two companies. I have always found their team and work to be exceptional. They did a great job maximizing the value of my businesses, finding the right partner, and working through the due diligence process to get the deals closed.'
The transaction closed in April 2021. Bill Sider and Jyotsna Balakrishnan, Partners at Jaffe Raitt Heuer & Weiss LLP, served as the legal advisors to ATA.
About PMCF
PMCF is a middle market investment bank providing merger and acquisition advisory services to private, public, and private equity owned companies. PMCF provides a broad range of services, including sale advisory, acquisition advisory, capital raising, transaction planning, and strategic advisory. The firm has dedicated professionals focused on plastics & packaging, business services & technology, automotive, distribution, transportation & logistics, aerospace & defense, healthcare, and consumer, food, & retail industries. PMCF has offices in Chicago, Detroit, Denver, and globally through its ownership in Corporate Finance International™. PMCF is also an affiliate of Plante Moran, one of the nation's largest professional services firms. For more information, visit pmcf.com.
Media contact
Matt Jamison, Managing Director
P&M Corporate Finance (PMCF)
[email protected]
Matt Rupprecht, Vice President
P&M Corporate Finance (PMCF)
[email protected]
Jayson Gitt, Vice President
P&M Corporate Finance (PMCF)
[email protected]
Related Images
SOURCE: P&M Corporate Finance
Get a daily dose of Miami Mirror news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Miami Mirror.
More InformationNEW YORK, New York - Global stock indices closed with divergent performances on Tuesday, as investors weighed corporate earnings, central...
TORONTO, Canada: Canadian Prime Minister Mark Carney announced late on June 29 that trade negotiations with the U.S. have recommenced...
Vancouver, Canada: A high-stakes legal showdown is brewing in the world of athleisure. Lululemon, the Canadian brand known for its...
LONDON, U.K.: British oil giant Shell has denied reports that it is in talks to acquire rival oil company BP. The Wall Street Journal...
NEW YORK, New York - U.S. stock markets closed firmly in positive territory to start the week Monday, with the S&P 500 and Dow Jones...
WASHINGTON, D.C.: On Friday, President Donald Trump announced that he was halting trade discussions with Canada due to its decision...
EVERGLADES, Florida: Over the weekend, a diverse coalition of environmental activists, Native American leaders, and residents gathered...
BEIJING, China: China's national soccer team may struggle to stir excitement, but its humanoid robots are drawing cheers — and not...
]LONDON, U.K.: A World Health Organization (WHO) expert group investigating the origins of the COVID-19 pandemic released its final...
DOVER, Delaware: California Governor Gavin Newsom has taken legal aim at Fox News, accusing the network of deliberately distorting...
FRANKFURT, Germany: Germany has become the latest country to challenge Chinese AI firm DeepSeek over its data practices, as pressure...
TORONTO, Canada: Harvard University and the University of Toronto have created a backup plan to ensure Harvard graduate students continue...