Title insurance provider Fidelity National Financial, Inc. announced it has agreed to acquire TitlePoint from Black Knight, Inc. for $225 million in cash.

TitlePoint, which enables searches for detailed property information, images of documents and maps from hundreds of counties across the U.S. and is a leader in the science of real estate property research technology, has been part of Black Knight’s Data & Analytics segment since 2014.

Black Knight had previously granted FNF a right to repurchase the entity that previously held the TitlePoint business in the event of a change in control of Black Knight. In connection with the pending acquisition of Black Knight by Intercontinental Exchange, Inc., FNF requested the repurchase. The sale of TitlePoint is not conditioned on the completion of ICE’s acquisition of Black Knight.

The transaction is expected to close in December 2022, subject to customary closing conditions. 

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