OceanFirst Financial Corp. Acquires Majority Stake in Trident Abstract Title Agency, LLC

February 3, 2022

OceanFirst Financial Corp. signed an agreement to acquire a majority interest in Trident Abstract Title Agency, LLC, with the right to acquire 100%. Trident, a family-owned title agency based in Wall Township, New Jersey, will operate as an independent subsidiary and its current owners, Chris Carton and Derrick Scenna, will continue to manage daily operations; the deal was expected to close March 1, 2022.

Buyers
OceanFirst Financial Corp.
Targets
Trident Abstract Title Agency, LLC
Sellers
Chris Carton, Derrick Scenna
Industry
Insurance
Location
New Jersey, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.