Chronos Acquires Tech Provider UPF Services

Chronos Solutions has acquired Spokane Valley, Wash.-based UPF Services, marking its fourth acquisition in just over a year a half.

The acquisition provides Chronos with 300 new customers and new capability, said Matt Slonaker, executive vice president of business development and marketing at Chronos, in a news release Thursday. Financial terms of the transaction were not disclosed.

UPF Services offers document preparation and recording, lien release, flood hazard compliance and tax monitoring services. These services will become available to Chronos' customers either on a standalone basis or as part of its existing service offerings.

"Offering integrated services provides our clients with a huge advantage, enabling them to enhance efficiencies, reduce operational expenses, minimize risk and improve the overall customer experience," Chronos Chief Executive Matt Martin said in the release, who touted that the acquisition made Chronos a "one-stop shop."

Since January 2015, Chronos has bought Commerce Title & Closing Services from Ten-X, mortgage technology company Cogent Road and online real estate auction marketplace Realtybid.com.

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