Title Resources Guaranty Company entered into a definitive agreement to acquire Doma Holdings Inc. (NYSE:DOMA) from LENX ST Investor, LLC and Len Fw Investor, LLC for $85.1 million on March 28, 2024. The transaction was unanimously approved by Doma?s Board of Directors, acting on the unanimous recommendation of a special committee of the Board of Directors. The transaction is subject to the approval by the holders of a majority of Doma?s common stock that are not affiliated with the Lennar Stockholders and certain other persons, and certain insurance regulatory approvals. The transaction is subject to an investment by Lennar into Title Resources and the consummation of certain arrangements with Hudson Structured Capital Management. The transaction is subject to close in second half of 2024.

Houlihan Lokey Capital, Inc. is acting as financial advisor to the special committee of the Doma Board of Directors. Latham & Watkins is acting as legal counsel for the special committee of the Doma Board of Directors. Davis Polk & Wardwell LLP acted as legal advisor to Doma Holdings. Mayer Brown LLP acted as legal advisor to Doma Holdings. Willkie Farr & Gallagher LLP acted as legal advisor to LENX ST Investor, LLC. Morrison & Foerster LLP acted as legal advisor to Len Fw Investor, LLC.