Business News
RedVision Completes Acquisition of Colorado Record Data and CRS Title Services
2008-07-15 09:37:00
Combined company further expands RedVision's ability to provide a national
title research offering to lenders, title insurers and default service
firms
PARSIPPANY, N.J., AURORA and WESTMINSTER, Colo., July 15 /EMWNews/
-- RedVision, a national real estate property research organization, today
announced the completion of its acquisition of Colorado Record Data (CRD)
and CRS Title Services (CRS). The transaction was finalized on Monday, June
30, 2008.
The combination of RedVision and CRD/CRS represents a dynamic step
forward for RedVision as they rapidly grow their national title research
footprint to support their lender, insurer and default service customers.
"We believe this business combination represents the essence of our
overall strategy. CRD and CRS have excellent reputations for quality and a
passion for customer excellence. We believe our combined technologies and
national service infrastructure will offer all our customers even greater
advantages in efficiencies and products, as well as, wider coverage for our
national clients", says Brian Twibell, RedVision's CEO.
"The combination of RedVision, CRD and CRS will afford excellent
opportunities for our clients in a rapidly evolving marketplace," says
Christopher Broekema, Vice President of CRD. "As we join with RedVision, we
look forward to strengthening relationships with existing customers by
providing greater speed, accuracy, customized technology solutions and
access to more markets while maintaining our commitment to excellence in
all we do. CRD and CRS will continue to be locally managed and operated
thus insuring a smooth and seamless transition for existing clientele."
About RedVision
RedVision is an independent provider of innovative Real Property
Research solutions, combining experts and technology to improve service
levels and the bottom line. RedVision serves users of title evidence
looking for relevant and accurate information to make sound business
decisions relating to real property transactions. The company's unique
approach combines a distributed services workflow platform, a vast title
plant database, and well-trained service experts to provide accurate, cost
effective, and timely real property research services for its banking,
title, default and settlement service customers.
About CRD
Colorado Record Data, LLC (CRD), gives its customers 24/7 online web
access to a title plant index and images for Colorado counties. CRD's title
plant has more than 75 million pages currently stored online for quick and
easy retrieval. CRD focuses on quality, consistency, and customer service.
Many Title and Property research firms rely on CRD for access to critical
property information.
About CRS
Since 1998, CRS Title Services has delivered its clients a broad range
of real property title related products, including: title commitments,
property reports, ownership and encumbrance reports, title guarantees,
foreclosure guarantees, litigation guarantees, and other title insurance
related products. CRS has the ability to search real property title records
and produce title property related documents in all 64 Colorado counties
through the use of a centralized title plant created and maintained by its
sister company Colorado Record Data, LLC.
For more information please visit:
http://www.redvision.com
http://www.crdllc.com
http://www.crstitleservices.com
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