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Orogen Acquires Majority Stake in Florida-Based Westcor Land Title Insurance
Monday 21 September 2020

New York-based investment company The Orogen Group has agreed to acquire a majority stake in Florida-based Westcor Land Title Insurance Company to expand business in the title insurance market, the company said.

Terms of the agreement were not disclosed. The transaction is subject to customary regulatory approvals.

Citigroup (NYSE: C) served as financial advisor to Westcor in the transaction, and Mayer Brown served as legal counsel. Davis Polk and Wardwell served as legal counsel to Orogen and Greenberg Traurig served as regulatory counsel.

The Orogen Group was created as a private operating company focussed on making significant long-term control and other strategic investments in financial services companies and related businesses.

Orogen delivers extensive resources and strategic and operational expertise to help its partner companies achieve their growth potential.

Westcor Land Title Insurance was founded by agents for the purpose of bringing innovative solutions to the title insurance agency market.
Date Published: 21/09/2020