Porch Group Acquires Certain Assets of Residential Warranty Services
June 8, 2022
Porch Group, Inc. has acquired certain assets of Residential Warranty Services (RWS) from RWS (terms not disclosed). The acquisition adds home warranty, service-contract and related software and marketing capabilities — and distribution through real-estate and home-inspector channels — to Porch's vertical home services platform.
- Buyers
- Porch Group, Inc.
- Targets
- Residential Warranty Services, Inc.
- Sellers
- Residential Warranty Services, Inc.
- Industry
- Insurance
- Location
- Indiana, United States
- Transaction Type
- Divestiture
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