JACKSONVILLE, Fla., Nov. 18,
2022 /PRNewswire/ -- Fidelity National Financial,
Inc. (NYSE: FNF) ("FNF"), a leading provider of title insurance and
transaction services to the real estate and mortgage industries and
a leading provider of insurance solutions serving retail annuity
and life customers and institutional clients through FNF's
wholly-owned subsidiary, F&G Annuities & Life, Inc.
("F&G"), today announced it has agreed to acquire TitlePoint
from Black Knight, Inc. (NYSE: BKI) ("Black Knight") for
$225 million in cash. TitlePoint,
which enables searches for detailed property information, images of
documents and maps from hundreds of counties across the U.S. and is
a leader in the science of real estate property research
technology, has been part of Black Knight's Data & Analytics
segment since 2014.
"The acquisition of TitlePoint is just one more way FNF is
investing in, expanding, and integrating property data, images, and
search technology into FNF's existing assets," said Mike Nolan, CEO, Fidelity National Financial.
"Combined with other FNF digital technologies, this acquisition
improves productivity and automation and streamlines the
manufacturing of title plant information across our industry
leading footprint."
The completion of the TitlePoint transaction is expected to
close in December 2022, subject to
customary closing conditions.
About Fidelity National Financial,
Inc.
Fidelity National Financial, Inc. (NYSE: FNF) is a leading
provider of title insurance and transaction services to the real
estate and mortgage industries. FNF is the nation's largest title
insurance company through its title insurance underwriters -
Fidelity National Title, Chicago Title, Commonwealth Land Title,
Alamo Title and National Title of New
York - that collectively issue more title insurance policies
than any other title company in the
United States. More information about FNF can be found at
fnf.com.
FNF-G
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SOURCE Fidelity National Financial, Inc.