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Porch breaks into insurtech with $100M acquisition

Housing Wire

Porch, led by CEO Matt Ehrlichman, acquired home insurance company Homeowners of America , mover marketing and data firm V12 , home inspection company Palm-Tech and roofing contractor software company iRoofing. The big acquisition is for Homeowners of America, an insurance company that operates in six states and is licensed in 31 more.

Insurance 375
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Porch acquires mortgage software firm Floify for $90M

Housing Wire

With the most recent acquisition of Floify, Porch will expand “its early access to high-intent homebuyers who need key services including insurance, warranty and moving services,” the company said in a statement. Investors reacted positively to the acquisition, with shares increasing by 12% to $19.93 as of late Thursday morning.

Mortgage 394
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Warehouse Space in Columbus, Ohio: 17 Actionable Steps to Find, Lease & Organize Your Next Hub

The Robert Weiler Company

Industrial real estate investors and developers can’t add new properties to the market fast enough. Contemplate hiring a 3PL (third-party logistics) company. That’s why there are third-party logistics providers, who will manage your order fulfillment. office, inspection station, docking)?

Landlords 144
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Why Buy Commercial Real Estate? Deep Dive Into 6 Sought-After Property Types!

The Robert Weiler Company

For commercial real estate companies and investors, looking at wide-ranging commercial property sectors, doing so can be an overwhelming (not to mention stressful and time-consuming) experience. It’s also an idea for investors looking to live in one unit and rent the other as passive income. million pools to fit it all in.