Press Release: Bay National Announces Acquisition of Criterion National Real Estate Solutions
Bay National Title Company is proud to announce its acquisition of Criterion National Real Estate Solutions of Jacksonville, NC. The acquisition represents an exciting increase in both market share and intellectual capital for the Bay National team.
The management team of Criterion has been retained by Bay National, and their combined national expertise will be a great asset to the agency. Craig Simpson joins Bay National as the National Sales Manager, after holding the same title at Criterion. His extensive experience as a national marketing and sales professional in the title insurance industry will enable him to aid Bay National’s U.S. expansion while continuing to offer impeccable client service. Bay National welcomes Mr. Simpson.
Jeremy Solomon joins the Bay National team as Business Process Director and Vendor Manager. Mr. Solomon has specialized in business process development at a range of national title companies, culminating in his position as President of Criterion. Mr. Solomon brings to the table his expertise in national settlement services, software implementation, process mapping and vendor management on the national scale. Bay National welcomes Mr. Solomon.
“We are very excited about this merger,” said Bay National CEO Evan Grimm. “The Criterion team adds significant skills and national experience to the Bay National team, allowing us to rapidly expand our services to meet the needs of our clients.” Mr. Grimm also noted, “In addition to this merger, Bay National’s recent licensing campaign means we can offer our clients a one-stop shop for all of their title insurance and settlement services needs nationwide. We look forward to maintaining and expanding our reputation for excellent client services.”
Bay National offers national title insurance and settlement services to clients throughout the real estate services industry, including REO and default professionals, national lenders and real estate agents, among many others.