Foley & Lardner LLP represented Knox-Precision Holdings, LLC, a holding company of private equity firm Knox Capital, in its acquisition of Lenders Title Group (LTG), the title services business of First Horizon Corporation.
The acquisition combines LTG with two previous investments, including Precision Title, creating a fast-growing, super-regional residential and commercial title company. Stephens Capital Partners invested with Knox Capital to facilitate the transaction alongside existing investors, including ORIX Corporation USA’s Private Equity Solutions group, Granite Creek Capital Partners, and GMB Capital Partners.
LTG is one of the largest title insurance agencies in the American Southeast, operating in Arkansas, Louisiana, and Tennessee. LTG marks the largest investment to date by Knox Capital’s real estate title platform and complements its prominent and growing market positions in Illinois, Florida, New Jersey, New York, and Pennsylvania.
The Foley deal team representing Knox-Precision Holdings was led by Partners Chris Converse and Dovi Adlerstein, Of Counsel Cynthia Harkness, Special Counsel Thomas Fritsch, and Associate Andrew Del Real.
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