Trusted Land Transfer, a Fort Washington-based provider of title and real estate settlement services, is making significant strides in its growth strategy, having recently acquired Plymouth Group, a title company in Quakertown.
The acquisition is set to double TLT’s annual revenue, marking a major milestone in the company’s expansion. As a result of the acquisition, Mike Corso, the President and CEO of Plymouth Group, will be joining TLT as its Senior Vice President of Business Development.
“I’ve known Mike for over 20 years,” said Bob Marino, chairman of TLT. “While this acquisition doubles our annual revenue, this deal is also about bringing Mike and his talented team to Trusted Land Transfer.”
TLT, established by innovative real estate attorney Faith Hammes in 2018, has a vision to become a dominant player in the region’s title industry. Hammes — who sold TLT to Incenter, a subsidiary of Finance of America, in 2022 — regained ownership this year when Incenter exited the title business.
Hammes, a driven entrepreneur, sees an opportunity to grow and consolidate title companies. She believes it’s the perfect time to reinvest in TLT. With Hammes leading the charge and Marino, who was the President and Vice Chairman of Huntingdon Valley Bank, TLT is on the cusp of significant growth.
“Even with the slowdown in real estate transactions, we are experiencing a surge in volume,” said Hammes. “This merger only further solidifies TLT in the market and begins to fulfill the growth vision Bob and I set for TLT.”
TLT has ambitious plans, which include organic growth and strategic acquisitions. The company aims to open offices in Washington, D.C., and Pittsburgh within the next six months. The corporate headquarters will also be relocating to 990 Spring Garden Street in Philadelphia by the end of the year.
Learn more about Trusted Land Transfer.