Title365 Acquired By Solutionstar

Newport Beach-based Title365, a developer of technology and services for the title insurance and escrow business, has been acquired by Texas-based Solutionstar. Solutionstar said it will pay $36M in cash for Title365, which it says is expected to have $63M in revenues in 2014. Title365 was advised by JMP Securities in the deal. Solutionstar is a provider of technology and software to the real estate industry.