Stewart Expands Commercial Energy & Infrastructure Capabilities with Acquisition of Tower Title
Stewart Information Services Corporation (NYSE:STC) announced the acquisition of Tower Title, a national provider of telecommunications-focused title services. The deal strengthens Stewart's National Commercial Services and its Energy & Infrastructure group by expanding service capabilities and increasing transaction volume.
Why it matters — The acquisition diversifies and expands Stewart's commercial services business into the infrastructure sector, potentially broadening its revenue base beyond traditional title services.