La Rosa Holdings plans acquisition of controlling interest in Red Door Title

La Rosa Holdings announced that it has entered into a non-binding Letter of Intent to acquire a controlling interest in Nona Title Agency, which operates under the name Red Door Title, a full-service escrow settlement and title company headquartered in Orlando, Florida. The Company anticipates finalizing the transaction by the end of July. Once complete, the transaction would allow La Rosa to provide title insurance services for home purchases and sales, complementing its existing real estate offerings. Securing title insurance capabilities would position the Company to deliver more comprehensive solutions within the residential property market… The consummation of the acquisition is subject to the parties entering into a definitive acquisition agreement and other related transactional documents.