MoFo Advises Lennar on Doma Holdings’ Plan of Merger with Title Resources Group

Morrison Foerster advised subsidiaries of Lennar Corporation (NYSE: LEN) (“Lennar”) in the definitive agreement and plan of merger between Doma Holdings, Inc. (NYSE: DOMA) (“Doma”), a leading force for innovation in the real estate industry, and Title Resources Group (“TRG”), one of the nation’s leading title insurance underwriters, subject to stockholder and regulatory approvals.

A long-time client, Lennar is one of the largest homebuilders in the United States, an originator of residential and commercial mortgage loans, a provider of title insurance and closing services, an investor in innovative and disruptive proptech companies, and a developer of multifamily rental properties. In 2023, Lennar had over $33 billion in revenue. 

Lennar, owner of 25% of Doma’s common stock, agreed to reinvest its proceeds from the transaction in TRG and signed a voting agreement in support of the transaction.

The MoFo deal team advising Lennar was led by Washington, D.C corporate partner David Slotkin, Austin corporate partner Shannon Sibold and Denver corporate partner Chere See, with assistance from Austin corporate associate Anthony Krueger.

Read the press release.