Houlihan Lokey Advises Futura Title & Escrow (1)
Houlihan Lokey is pleased to announce that Futura Title & Escrow, LLC (Futura) has partnered with Seidler Equity Partners (SEP), which purchased an equity interest in the company. The transaction closed on October 5, 2020.
Founded in 1985 and based in Boise, Idaho, Futura is the parent company of Alliance Title & Escrow, LLC; AmeriTitle, LLC; Kittitas Title and Escrow; and Pacific Alliance Title and Escrow. Futura is the largest independent title and escrow group in the Pacific Northwest. With 74 branch operations serving 62 counties throughout Idaho and Oregon and parts of Montana, Washington, and Wyoming, the Futura Title family of companies specializes in a complete range of commercial and residential title and escrow services.
Founded in 1992, SEP operates from offices in Marina del Rey, California, and Sydney, Australia. SEP has established itself as a middle-market investment firm that aligns with business founders and management teams to achieve long-term growth and preserve company stewardship. SEP makes majority and minority investments in high-growth companies, typically with EBITDA of $10 million to $50 million.
SEP partnered with the existing shareholders to support the current management team and accelerate the company’s next stage of growth, including new market expansion and selective acquisitions.
Houlihan Lokey served as the exclusive financial advisor to Futura in structuring and negotiating the transaction.
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