LandAmerica Buys a Valuation Firm

The Richmond, Va., title and settlement services firm LandAmerica Financial Group Inc. said Tuesday that it has purchased Aaron & Wright Inc., a Houston commercial real estate valuation company.

Aaron & Wright, founded in 1990, "has significant expertise in the valuation of religious facilities," LandAmerica said. It did not say how much it paid for Aaron & Wright.

Last year LandAmerica bought Butler Burgher Inc., a Dallas appraisal firm. The two acquisitions have brought "greater geographic coverage and significant customer relationships in new market niches," LandAmerica said Tuesday.

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