First American

(FAF) - Get Report

, a business information and related products and services provider, said its subsidiary

First American Title Insurance

has completed the acquisition of Clearwater, Fla.-based

TransContinental Title Company

, a title and settlement services provider to national mortgage lenders.

The Santa Ana, Calif.-based company said that the acquisition announced earlier in December 2005, was closed on April 1.

The terms of the deal were not disclosed.

"Through this acquisition we will now offer mortgage originators two, highly efficient channels for complete title and settlement services," the company said. "Increasing First American's overall presence in the large lender market will help drive revenue growth."

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