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Deals & Dealmakers

Weichert acquires two title firms

The Weichert Companies has acquired New Jersey-based Virtual Endeavors, LLC, a title processing, settlement services and closing management company, and Synergy Title Agency, LLC.

“When Weichert Title Agency in New Jersey required extra capacity to manage the growing volume of closings, we turned to Virtual Endeavors, the largest and most capable supplier of outsourced settlement services in the state,” said Aram Minnetian, chief operating officer of the Weichert Companies.

“Virtual Endeavors has done an outstanding job as our key supplier the past two years. The company’s depth of expertise and strong quality orientation will ensure that we have adequate capacity to meet the needs of Weichert sales associates, attorney clients and retail customers.

“It will also allow us to take advantage of the growing trend toward utilizing settlement services companies in attorney-driven states and regions.”

As part of the acquisitions, Aubri Holler, who owned Virtual Endeavors and Synergy Title Agency, will assume the role of president, Settlement Services and will function as the senior leader of Weichert’s settlement services businesses – Virtual Endeavors in New Jersey and Settlement Express in Pennsylvania.

In addition, Holler’s entire staff has joined the Weichert Title Group.

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