ARMINGTON HILLS, Mich., Nov. 4, 2010 /PRNewswire/ -- Farmington Hills, Mich.-based Attorneys Title Agency (ATA), a full-service title company providing comprehensive services throughout the state of Michigan, announced today that it has acquired the assets of Mt. Clemens, Mich.-based Philip F. Greco Title Company and merged them into the newly formed Greco Title Agency. ATA Chairman and CEO David A. Trott made the announcement.
The transaction, which closed on October 29, marries ATA's strong financial backing, cutting edge technology and vertically integrated service model with Greco Title's unparalleled reputation, strong brand recognition and customer loyalty. Through the agreement, ATA will experience significant business opportunities throughout metropolitan Detroit. By joining forces with ATA, the largest title insurance provider in the state of Michigan, Greco Title will have access to the company's robust foreclosure and REO clientele, as well as significant administrative efficiencies.
"This is an outstanding partnership for us," said Christina Greco, president of Philip F. Greco Title Company. "Because our organizations serve complimentary markets, we are now a stronger business unit with an expansive geographic footprint. We look forward to providing our customers with the same high level of customer service, which will be elevated even further as a result of ATA's advanced technology."
Greco Title Company will continue to operate in and expand throughout southeastern Michigan. The combined ATA entity will have 25 office locations and more than 450 employees.
"We have been looking to gain a stronger foothold in the Macomb market for some time now," said William Robinson, president of ATA. "This acquisition truly fills a market void for us, and we couldn't be more thrilled to be associated with such a wonderful company. As we continue to explore growth opportunities, Greco Title will be a valuable asset."
Attorneys Title Agency, LLC is a full-service title insurance agency providing comprehensive services to companies and individuals involved in real estate transactions. With 25 offices throughout the state of Michigan, Attorneys Title is committed to its mission of building strong and lasting relationships with its clients and providing them with dependable, timely and accurate service. For more information, please visit www.attorneys-title.com.
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