PRESS RELEASE – November 5, 2012
Austin, Texas – Austin-based Independence Title Company is expanding its presence into the Dallas-Fort Worth market with the acquisition of Noble Title, located in Dallas.
“The Dallas-Fort Worth metro market was the only major Texas metro market that we did not serve. This addition will put us in a better position to serve customers on a statewide basis and continue to grow our brand with some of the best title professionals in the market place,” said Brian Pitman, ITC President and COO.
Pitman and Jay Southworth, ITC Chairman and CEO, founded Independence Title in 2005 on the belief that Texas needed a return to local title service providers owned and operated in Texas.
“Our ability to make decisions right here on the ground allows us to respond much more quickly to the needs of our customers and the opportunities in the marketplace,” said Southworth. “We all know Texas is a unique business and cultural environment, and we’re better able to reflect that as a local company.”
“We are excited to have this team, led by Steve Hightower, join our Independence Title family,” said Pitman. Hightower will be joining Independence Title as the company’s Vice President and DFW Area Manager. Hightower began his career in the title business at Commerce Title. He held several senior management positions with the company and has an extensive knowledge of the title business and the Dallas Fort-Worth market. He also worked for Red Vision, a national title data provider, before joining Noble Title.
Independence Title has continued to grow organically adding new branches and markets over time with the addition of selective acquisitions, like Noble Title. According to the most current Texas Department of Insurance Statistical reports, Independence Title is the largest independent title agency in Texas, as measured by gross revenues or total number of policies issued.
Earlier this year, Independence Title opened its first office in the Greater Houston area, and now has 10 branch locations in the Houston market. All told, Independence has title plant operations covering 22 counties across Texas to date, plus 52 office locations serving all of the major metro markets in Texas. Independence transactions are supported by 9 national underwriters, including all major national brands. Independence is the Austin Business Journal’s number-one title company, and the San Antonio Business Journal’s top-ranked independent title company.