Doma sells some California offices to WFG for $24.5M
The transaction helps cement WFG's place in the Bay Area market, something it has targeted since its 2010 founding, Chairman Patrick Stone said.
Stay updated with breaking news from Max Simkoff. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The transaction helps cement WFG's place in the Bay Area market, something it has targeted since its 2010 founding, Chairman Patrick Stone said.
Transaction helps drive Doma’s new singular strategy and refined focus on its core technology and underwriting business, and supports WFG’s growth initiative by significantly expanding... | May 23, 2023
WFG will acquire certain branches of Doma's West Coast local retail title operations in Northern and Central California.
The struggling digital title and closing provider is set to receive up to $24.5 million with earnouts "based on the retention of specified employees" by WFG.
Operator: Good day and thank you for standing by. Welcome to the Doma Fourth Quarter and Full Year 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.