MOMENTUM TITLE AGENCY HAS BEEN ACQUIRED BY FUTURA TITLE & ESCROW
Birmingham, Michigan – November 3, 2023 – Angle Advisors is pleased to announce that Futura Title & Escrow, LLC, a JM Family Enterprises company and the largest independent title and escrow group in the Pacific Northwest, has acquired Momentum Title Agency, LLC, a provider of professional real estate title examinations and residential and commercial closing services. Angle Advisors acted as the exclusive investment banking advisor to Momentum Title Agency in completing the transaction.
Headquartered in Boise, Idaho and with 76 branch operations serving 74 counties in Idaho, Oregon, and parts of Montana, Washington, Wyoming, Indiana, and Kentucky, the Futura Title family of companies specializes in a complete range of commercial and residential title and escrow services. The Futura Title vision is to provide both local and national customers with an outstanding customer experience.
“Futura Title, as part of JM Family Enterprises, is strategically executing its growth strategy to acquire companies that align with our culture and core competencies” said Larry Matney, CEO of Futura Title & Escrow. “Momentum Title is a great fit for us on many levels and we welcome its 28 associates to the Futura family. We are excited about our future growth together.”
Momentum Titla Agency was founded in 2018 by husband and wife, James Michael Kemp and Laurie Kemp, and is headquartered in Jeffersonville, Indiana. The Company serves eleven counties with three primary locations in and around the Louisville Metro area.
“We are thrilled to join the Futura Title team which will provide opportunities to expand and strengthen the quality and scope of services that we deliver to our clients,” said Laurie Kemp. “Like Momentum Title Agency, we quickly understood that Futura Title also prioritizes customer service along with a best-in-class workplace environment for its associates, and we anticipate a seamless transition for our employees and clients. Our entire team is looking forward to utilizing the resources afforded by the Futura family as we continue to navigate the highs and lows of the real estate industry,” said Mike Kemp.
“We would like to thank the team at Angle Advisors for their exceptional work representing us in this transaction,” said Mike Kemp. “The Angle Advisors team leveraged their industry knowledge to find a large group of highly interested buyers, and then worked tirelessly throughout the process to ensure a successful closing. Their dedication and the results achieved were outstanding in every way, and we would highly recommend their services to anyone wishing to market their business to a prospective buyer or strategic partner.”
Founded in 2018 by Mike and Laurie Kemp, Momentum Title Agency, LLC is a provider of title insurance services to the residential and commercial real estate industry and has a proven track record of successfully facilitating some of the most complex real estate transactions in Indiana and Kentucky. For additional information, please visit www.momentumclosings.com.
Founded in 1980 and headquartered in Boise, Idaho, Futura Title & Escrow, LLC is a regional title and escrow solutions leader in the Pacific Northwest and is the parent company of Alliance Title & Escrow, LLC, AmeriTitle, LLC, Kittitas Title and Escrow, Pacific Alliance Title and Escrow, and Momentum Title Agency. Futura, through its 76 branch offices and five title company brands, places an emphasis on serving its local customers. Futura facilitates this by taking pride in its local communities and staffing a network of convenient locations with trustworthy and knowledgeable professionals. Futura Title is part of JM Family Holdings, a division of JM Family Enterprises, Inc. For additional information, please visit www.futuratitle.com.
JM Family Enterprises, Inc. was founded by automotive legend, Jim Moran in 1968. It is a privately held company with $18 billion in revenue and more than 5,000 associates. Rooted in automotive and united in its strong culture and core values, JM Family is in the business of helping other businesses succeed. As a long-term partner, it is invested in its companies, associates and its communities. Driven by exceptional performance, current subsidiaries are in the automotive, financial services, franchising and specialty distribution industries. For additional information, please visit www.jmfamily.com.
Angle Advisors, with offices in the United States, Germany, and China, specializes in mergers and acquisitions and capital raising. The firm’s professionals have completed 286 transactions since 2009 for multinational corporations, privately held companies, private equity funds, and public sector clients. For additional information, please visit www.angleadvisors.com.