Title Resources Group and Doma Holdings, Inc. (DOMA) have jointly announced a definitive agreement for a merger on March 28, 2024. The total enterprise value of the merger is estimated to be around $179.43 million.
According to the terms of the agreement, Doma Holdings, Inc. will be purchased by Title Resources Group for an all-cash deal of $6.29 per share.
Doma Holdings, Inc. has sought financial advice from Houlihan Lokey Capital and legal consultation from Latham & Watkins. In contrast, Title Resources Group has received financial guidance and legal counsel from Willkie Farr & Gallagher.
The stock is optionable, and Title Resources Group is paying 0.26 times the sales for Doma Holdings, Inc.
For additional information, please refer to the Deal Metrics page here:
Deal Metrics for the Acquisition of Doma Holdings, Inc. (DOMA) by Title Resources Group.
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