FNTC acquires VOTA to expand global offering
First National Trustee Company (FNTC) has acquired Vacation Ownership Title Agency (VOTA), a leading US-based service provider for title and escrow services in the vacation ownership industry.
VOTA has provided bespoke services to the vacation ownership industry for more than a decade and is a licensed title agency in 17 states.
The acquisition of VOTA as an additional service provider under the umbrella of FNTC will provide clients a tailored approach to escrow, title and foreclosure services. This new partnership will ensure that FNTC and VOTA can offer a full range of superior services to their current and future client base.
John P. Raney, president of FNTC America Ltd, said: “FNTC acquired VOTA as part of its long-term strategy to be a truly global service provider to the vacation ownership industry.”
Leon Basye, president of VOTA, said: “We are excited for our future with FNTC. We are looking forward to expanding our resources so that we can continue elevating our services to the next level of technology and excellence.”
FNTC is the largest independent trustee in the global marketplace providing trustee and additional services to the vacation ownership industry in Europe, Asia and the Americas.
FNTC and FNTC America Ltd are both wholly owned subsidiaries of IQ-EQ, a leading investor services group which combines global expertise with an unwavering focus on client service delivery. IQ-EQ supports fund managers, global companies, family offices and private clients operating worldwide.