Kensington Vanguard Continues Acquisition-Driven National Expansion
Irvine, CA – January 6, 2020 GRS Group is pleased to announce that GRS Title Services, LLC (“GRS Title”), a wholly owned subsidiary of GRS Group, has been acquired by Kensington Vanguard National Land Services (“Kensington Vanguard”), one of the largest full-service national title insurance and settlement agencies in the United States.
Headquartered in Richmond, VA, GRS Title maintains additional offices in Scottsdale, Dallas and Kansas City. The transaction will both augment KV’s already strong presences in Dallas and the greater Washington DC Metro area as well as expand the Company into Arizona and Missouri.
Chuck Victor, CEO of GRS Group, said “We’re pleased to have completed the sale of our title operations to KV. We view them as the leaders in the commercial title agency space and the platform on which the professionals at GRS Title can continue to grow.”
Brian Cooper, Co-CEO of Kensington Vanguard added, “There are few pure play national commercial title agencies in the marketplace so adding this operation to our organization is an exciting step. GRS Title’s leadership team, including Michelle Rogers, Brian Carr and Allen Brown, is comprised of top-quality commercial title insurance veterans with deep experience servicing clientele on both the agency and underwriter levels. Additionally, it is complimentary from a geographic perspective as we continue to bolster existing markets and selectively enter new ones.”
After a strategic investment by $30Bn private equity firm Stone Point Capital (www.stonepoint.com) in 2016, Kensington Vanguard has continued to position itself to be a consolidator in the title insurance and 1031 exchange driven by leadership in both the commercial and residential market segments and financial strength.
About GRS Group
On the leading edge of innovation in commercial real estate transactions, Global Realty Services Group provides its clients with unsurpassed expertise in the areas of Transaction Services, Title Insurance and Sustainability Solutions. With offices across the United States, Europe, and affiliates around the globe, GRS Group provides local market knowledge with a global perspective for institutional real estate investors, occupiers and lenders worldwide. The GRS Group team has evaluated and advised on over $1 trillion in CRE transactions. www.grs-global.com
About Kensington Vanguard National Land Services
Kensington Vanguard National Land Services, headquartered in New York City with offices in Florida, New Jersey, Virginia and Texas, is one of the largest independent full‐service national title insurance and settlement agencies in the United States. Resulting from a 2008 merger between Kensington National Land Services, LLC and Vanguard Title Agency, Inc. (both founded in 2002), Kensington Vanguard provides commercial and residential title insurance, settlement, escrow and 1031 exchange services. Operating in all 50 states, the Company serves as agent to the nation’s largest and most prestigious title insurance underwriters. Kensington Vanguard’s client base is a highly diversified mix of law firms, investors, developers, operators, opportunity funds, commercial lenders, family offices, realtors and regional and national residential lenders. For more information, visit www.kvnational.com