Houlihan Lokey Advises Doma Holdings

Houlihan Lokey is pleased to announce that Doma Holdings, Inc. (Doma), a leading force for disruptive change in the real estate industry, has sold certain assets of its Texas and Midwest local retail title operations to Capital Title of Texas, a member of The Shaddock Title Companies (Shaddock), and Near North Title Group (Near North), respectively. The Texas transaction closed on July 14, 2023, and the Midwest transaction closed on July 18, 2023.

Doma is a real estate technology company that is disrupting a century-old industry by building an instant and frictionless home closing experience for buyers and sellers. Doma uses proprietary machine intelligence technology and deep human expertise to create a vastly simpler and more affordable experience for everyone involved in a residential real estate transaction, including current and prospective homeowners, mortgage lenders, title agents, and real estate professionals. These transactions help drive Doma’s new singular strategy and refined focus on its core technology and underwriting business, reinforces Capital Title’s leading and expanding presence in Texas, and strengthens Near North’s Midwest footprint.

The Shaddock Title Companies are a leading national provider of title, escrow, and title insurance services. With a commitment to excellence, innovation, and customer satisfaction, The Shaddock Title Companies have built a strong reputation in the industry, including Capital Title of Texas, which has more than 100 branches across the state of Texas.

Near North Title Group is a fully integrated title, escrow, construction, and 1031 exchange company that has been offering clients a comprehensive portfolio of national commercial and residential title services for more than 30 years through various brands.

Houlihan Lokey served as the exclusive financial advisor to Doma.