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Latham & Watkins Advises on Doma Holdings’ Take Private and Merger With Title Resources Group

March 29, 2024
Bay Area-led team advised the special committee of the Doma Board of Directors.

Doma Holdings, Inc. (NYSE: DOMA), a leading force for innovation in the real estate industry, has announced that it has entered into a definitive agreement and plan of merger (the transaction) with Title Resources Group (TRG), one of the nation’s leading title insurance underwriters, subject to stockholder and regulatory approvals. In the transaction, TRG would acquire all of the outstanding shares of Doma for US$6.29 per share of common stock in an all-cash transaction, an approximate premium of 43.0% over Doma’s closing share price on March 27, 2024, and an approximate 33.9% premium over the trailing 30-day volume weighted average closing price ending March 27, 2024.

Latham & Watkins LLP advised the special committee of the Doma Board of Directors in the transaction, with a corporate team led by Bay Area partners Tad Freese and Tessa Bernhardt, with associates Melinda Vanderburg, Kevin Schunk, Rebecca Dixon, Ryleigh Chen, and Taleah Tyrell. Advice was also provided on tax matters by Bay Area partner Grace Lee, with associate Rasha Suleiman, on executive compensation and benefits matters by Bay Area partner Ashley Wagner, with associate Julia Lee; on finance matters by Los Angeles partners Mark Morris and Nathan Whitaker, and counsel Jonathan Shih, with associate Olivia Horbowy; on IP matters by Bay Area partner Anthony Klein, with associates Ryan Sanders, Julian Savelski, and Tori Hu; on data privacy matters by Bay Area partner Robert Blamires, with associate Deborah Hinck; on antitrust matters by Bay Area partner Kelly Fayne and Washington, D.C. partner Peter Todaro, with associate Elizabeth Bernal Cate; on insurance matters by New York partner Analisa Dillingham and counsel Alexander Traum; on SEC and related matters by Washington, D.C. partner Michele Anderson; on anti-corruption matters by New York partner Matthew Salerno, with associate Eric Green; and on litigation matters by San Diego partner Colleen Smith and Orange County counsel Jordan Cook.