reQuire Acquires Covius

reQuire LLC, a Virginia Beach, Va.-based provider of compliance and risk management solutions to the real estate settlement services industry, has announced that it has purchased several business units of Covius LLC, an Atlanta-based risk management and compliance-related services provider, an asset purchase transaction.

As part of the transaction, reQuire adds Covius’ residential, commercial and technology business units to its existing release tracking and title curative businesses. For the immediate future, the Covius and reQuire brands will continue to operate independently.

“The acquisition of Covius advances reQuire’s focused growth strategy and expands the company’s reach,” Linda Aparo, director of sales and marketing at reQuire. “We are thrilled to have the Covius staff in Atlanta join our reQuire team.”