First American Acquires RedVision Systems
First American Financial Corporation has announced that is acquiring RedVision Systems Inc., a national provider of title and real property research. RedVision is best known for its proprietary technology, including the TitleVision2 production platform, TitleVision2 and the Nova title research and production software.
Under the terms of the acquisition, RedVision will become part of First American’s Data and Mortgage Solutions division while operating as a business unit under its brand and its management team. CEO Brian Twibell will remain on board to lead the business.
"We’re excited to soon welcome RedVision to the First American family of companies. RedVision’s data, technology and services complement First American’s existing title search and title evidence production and will further expand First American’s industry-leading position in title and property data," said George Livermore, executive vice president of First American’s Data and Mortgage Solutions division. “RedVision’s nationwide title production platform, coupled with First American’s title and property data, and billions of recorded documents, will offer our customers unmatched quality, coverage and operational flexibility.”