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Title iO Acquires GreenFolders to Give Real Estate Settlement Professionals New Ways to Increase Productivity, Service Levels and Bottom Line Performance

March 2, 2020 GMT

SALT LAKE CITY--(BUSINESS WIRE)--Mar 2, 2020--

Title iO Inc., a provider of workflow automation software solutions to the real estate settlement industry, today announced the acquisition of GreenFolders Inc., a wholly owned entity of First American Financial Corporation (NYSE: FAF). GreenFolders is a provider of digital office management software that integrates with leading title and escrow production systems to reduce reliance on paper files, accelerate workflows and reduce costs related to closing a real estate transaction. The combination of GreenFolders and Title iO further advances industry business best practices and helps customers achieve significant productivity gains over current technologies and approaches.

“We’re pleased to welcome GreenFolders as part of the Title iO family,” said Ryan Whitlock, CEO of Title iO Inc., “Title iO has had a longstanding and robust technical integration relationship with GreenFolders. We look forward to enhancing the combined offerings. By building out and combining the GreenFolders and Title iO platforms, real estate settlement customers will now have a more powerful automated solution at their fingertips for all of their transactional needs.”

With the ability to manage the title or escrow process faster and more efficiently, real estate settlement professionals across the industry will immediately realize increased value through automation, improved reporting, secure communications and integration with leading third-party services.

About GreenFolders ®

GreenFolders provides innovative electronic office management software solutions that help businesses reach their potential by becoming more efficient, using less paper and collaborating more effectively. GreenFolders is a division of First American Professional Real Estate Services, Inc. www.GreenFolders.com

About Title iOTM

Title iO is a Salt Lake City-based technology company that provides the real estate settlement industry with workflow automation, secure communication and data integration solutions. Title iO is the creator of PremiSync, a patent-pending secure data integration technology that connects GreenFolders (and other leading title production systems) to cloud services and on-premise software applications. Title iO services include PortalSync, a fully-integrated transaction management system for external parties; LinkGen, a Schedule B automation solution and Custom Workflow Automation; a rules-based add-on utility to GreenFolders that eliminates manual processes and extra steps in a real estate closing. www.titleio.com

View source version on businesswire.com:https://www.businesswire.com/news/home/20200302005626/en/

CONTACT: Media Contact:

Lee Rech

for Title iO

lee@lbrcommunications.com

+1.801.556.8423

KEYWORD: UNITED STATES NORTH AMERICA UTAH

INDUSTRY KEYWORD: COMMERCIAL BUILDING & REAL ESTATE TECHNOLOGY CONSTRUCTION & PROPERTY FINANCE OTHER TECHNOLOGY PROFESSIONAL SERVICES SOFTWARE OTHER CONSTRUCTION & PROPERTY DATA MANAGEMENT

SOURCE: Title iO

Copyright Business Wire 2020.

PUB: 03/02/2020 12:00 PM/DISC: 03/02/2020 12:01 PM

http://www.businesswire.com/news/home/20200302005626/en