Dallas-based diversified component and special mortgage servicer Wingspan Portfolio Advisors has completed acquisition of hazard insurance claims management company Dimont & Associates.
Following completion of transaction, the Dimont & Associates will become a wholly-owned subsidiary of Wingspan Portfolio Holdings and retain its name, while Dimont & Associates founder Bernie Dimont will continue his leadership role.
Wingspan CEO and president Steven Horne said that the acquisition will complement each other to bring an even more impressive array of services to its clients.
"We will retain the Dimont name, leadership and company structure, and leverage its brand power in the claim recovery services arena, where Dimont is already successfully managing claims for many of the country’s highest volume servicers and GSEs," Horne added.
In addition to its existing offices in Dallas, Frisco, and Carrollton, Texas, and in Melbourne, Florida, Wingspan will also manage Dimont & Associates’ offices in Dallas and San Diego, California, US.