Kensington Vanguard National Land Services, a New York City-headquartered national title insurance and settlement agency, has acquired James P. Lazar PC, a Dallas-headquartered national commercial title insurance provider.
The financial terms of the transaction were not disclosed. This is the 29th acquisition transaction in Kensington Vanguard’s corporate history.
“Jim Lazar, Pat Jackson and the rest of the leadership team head up one of the most well established and respected commercial title operations in Dallas,” said Brian Cooper, co-CEO of Kensington Vanguard. “This is an exciting acquisition that significantly adds to our existing strong Texas presence. Despite the challenging rate environment, we are continuing to invest in great businesses and markets to expand our platform.”
“Our team members are excited to join Kensington Vanguard and look forward to continued success in the coming years,” added Jim Lazar, founder and president of Lazar.
Kensington Vanguard operates commercial and residential divisions and a 1031 Exchange Services Division through its wholly owned subsidiary Legal 1031 Exchange Services.