OCEANFIRST FINANCIAL CORP. ANNOUNCES ACQUISITION OF TRIDENT ABSTRACT TITLE AGENCY, LLC
OceanFirst Financial Corp., the holding company for OceanFirst Bank N.A., today, announced the Company has signed an agreement to acquire a majority interest in Trident Abstract Title Agency, LLC with the right to acquire 100%. The transaction is expected to close on March 1, 2022. Upon closing, Trident will operate as an independent subsidiary of the Company. Established in 1975, Trident is a family owned and operated business located in Wall Township, New Jersey. Current owners, Chris Carton and Derrick Scenna will continue to manage the daily operations. Trident writes title insurance through all the nation’s leading underwriters and through strategic alliances can also service client’s title insurance needs outside of New Jersey.