Stewart acquires Informative Research for $192 million

Title insurance provider Stewart Information Services announced its plans to acquire Informative Research (IR), a provider of credit, consumer, and real estate data and technology services. IR serves more than 3,000 customers across the US through its proprietary platform to streamline the loan cycle.

“Stewart continues to invest in the creation of an end-to-end, customer-focused real estate services and technology platform. By bringing IR into the Stewart family of companies, we further reflect that commitment and advance our data and analytics capabilities. I’m excited about the possibilities our service platform offers as we add IR to Cloudvirga, Signature Closers, and NotaryCam as well as our existing appraisal and title capabilities to provide customers with superior performance and ease of use across the transaction lifecycle.” – Fred Eppinger, Stewart Chief Executive Officer.

“Joining the Stewart family accelerates our ability to develop and bring to market additional products and services that will better serve the lending and real estate industry. We’re excited to be able to help drive the creation of a holistic loan and real estate analytical service and closing process at Stewart. Through our technology suite, IR allows customers to improve sales and profits while reducing risk, which makes it a perfect fit with Stewart. We look forward to a bright future as we help our customers drive performance and succeed.” – Sean Buckner, Informative Research President and Chief Executive Officer.

The purchase price is $192 million and will be funded with available company resources.