Fidelity National Financial Inc., a provider of title and transaction services to the real estate and mortgage industries, has acquired San Juan County Abstract & Title Co. in Farmington.
Established in 1946, San Juan Title is one of the largest and oldest independent agents in New Mexico. It provides title examination, title plant, abstract, and settlement services for residential, commercial, farm and ranch sales, and energy projects in San Juan County.
“This acquisition is a perfect example of how we like to acquire companies with superior reputations in local markets as a part of our multi-brand market strategy,” said CEO Mike Nolan of Fidelity National in a news release. “This is a storied New Mexico organization with a dedicated, well-operated group of title and escrow professionals that bring vast experience and immediate revenue to FNF. ... San Juan is a perfect fit for FNF and further expands our footprint and market leadership in the state of New Mexico.”
“We felt there was no better fit or future for our company and employees than to become part of the FNF family of title companies,” said Joshua Payne, president of San Juan Title Co.
Payne and his team at San Juan Title will continue to service local and regional customers from their office in downtown Farmington.
