Chicago Title, a member of the Fidelity National Financial family of companies, has acquired Commercial Partners Title in Minneapolis.
“This purchase was a strategic acquisition for us”, said John Wunderlich, executive vice president of Chicago Title. “Chicago Title’s commercial footprint in Minnesota primarily involves national customers doing business in Minneapolis. Commercial Partners has a dominant position in the local Minneapolis marketplace.
“The significant resources that Chicago Title can provide combined with the outstanding leadership and talent that Commercial Partners brings to the table is an exciting combination for our company and our clients. The intention is to keep the talent in both teams and merge Chicago Title into Commercial Partners.”
The new entity will be called Commercial Partners Title, a division of Chicago Title. Mark Goodman, vice president and manager of Commercial Partners, will lead the new company.
Goodman joined Commercial Partners Title in 1995 and helped lead the company to become a well-respected, client-centric business focused on providing all clients local expertise and highly customized services.
“I am very excited about this next chapter for Commercial Partners and Chicago Title,” said Goodman of the new Commercial Partners Title. “Chicago Title is a great organization that can help us get to the next level. We value our customers as partners, and look forward to continuing to serve them with even more resources.”
Fran Iverson at Chicago Title will move to a new role as national commercial counsel and join the underwriting team. Iverson has served as state counsel. For the last several years she has managed the Chicago Title operations.
“My new role is perfect for me and our clients,” said Iverson. “We have and will continue to do everything we can to meet the needs of our clients with this incredible team.”
Twenty-five years ago, Tony Winczewski along with cofounder Jane Miller opened the doors of Commercial Partners. Winczewski and his team have grown Commercial Partners Title into one of the leading title insurance agencies in the upper Midwest. Winczewski will remain on the leadership team of the combined operations.
“Today we promise that we will continue fostering great relationships and deliver creative title insurance solutions. I am committed to help lead the new team to the next level for our customers”, said Winczewski.