LandAm to Buy Web RE Service Firm

LandAmerica Financial Group Inc., Richmond, Va., has announced that its wholly owned subsidiary, LandAmerica OneStop,will acquire Primis Inc., an Atlanta-based provider of online real estate-related services. The terms of the deal were not disclosed. LandAmerica OneStop provides coordinated title and RE-relatedservices to lenders, builders, real estate agents, and Internet aggregators. Charles H. Foster Jr., chairman andchief executive officer of LandAmerica, said Primis's appraisal unit in the past two years "has gained considerablemarket share, providing a full range of electronic services across the country while building one of the largestappraisal databases of geographically dispersed property information." Primis CEO James Schaper will becomeCEO of LandAmerica OneStop after the merger of Primis into its operations, and the company will be based in Primis'sAtlanta headquarters. Major title and closing fulfillment service centers will be located in Richmond, Va.; Dallas;and Orange County, California. The companies' website addresses are http://www.landam.com and http://www.primis.com.