Stewart Information acquires Tower Title telecom unit

Stewart Information Services Corp., a Houston-based title insurer and real estate services firm, has acquired Tower Title, a national specialist in title services for the telecommunications industry. The terms of the transaction were not disclosed. Tower Title, founded in 2019 and based in East Providence, Rhode Island, provides title services for telecommunications infrastructure, solar farms, wind turbines, data centers, and billboards.

The acquisition expands Stewart's National Commercial Services division, particularly its Energy & Infrastructure group. Tower Title will operate under the leadership of Matt Skalka, Senior Vice President for Stewart's Energy & Infrastructure Group. According to Stewart CEO Fred Eppinger, Tower Title is a strategic fit for the company, and its leadership team has a vision for emerging markets.

Tower Title's Co-Founder and CEO, Kevin Bradley, stated that joining Stewart represents a new phase for the company, citing Stewart's reputation, resources, and long-term commitment to growth as reasons for the partnership. The acquisition also creates operational advantages for Stewart's Energy & Infrastructure Group, according to Erin Sheckler, Group President of Stewart NCS.

Brief written by urgent.news from Insurance Journal, Investing.com — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.