Page 8 - Matt Ehrlichman News Today

The Porch Group, a software platform focused on home services companies, is acquiring Irving, Texas-based managing general agent and insurance carrier,

How SPACs are changing the IPO game: Equity ownership of founders a big consideration March 2, 2021 at 11:42 am SPACs are hot right now, and one of the reasons is they can keep more equity in the hands of founders. (GeekWire Illustration / Canva Image, adrian825) A few weeks ago, a longtime GeekWire reader sent a note expressing shock that Sana Biotechnology co-founder and CEO Steve Harr only owned 4.9% of the company after the completion of the IPO. Given that the Seattle biotechnology company...

Share via Shortlink From left: Fifth Wall’s Brendan Wallace, Tishman Speyer’s Rob Speyer, Social Capital’s Chamath Palihapitiya, Cantor Fitzgerald’s Howard Lutnick, Pershing Square Capital’s Bill Ackman and Opendoor’s Eric Wu When Fifth Wall Ventures decided to jump into the SPAC market in January, it targeted a raise of $250 million to take a startup public. Within three weeks, it upsized the offering — twice — before the new blank-check firm closed its $345 million IP...

V12, Leading Marketing and Data Services Provider Acquired by Porch Group to Transform Mover Marketing Webinar January 28 at 1:00 PM ET to Introduce Porch to the Marketing Community News provided by Share this article Share this article BOSTON, Jan. 21, 2021 /PRNewswire/ -- V12, a leading provider of purchase intent insight and marketing services, including mover data, announced that it has been acquired by Porch Group, Inc. (NASDAQ:PRCH), a leading vertical software company for the home servic...

Home Service Software Brand Porch Group Announces Acquisitions; Expansion into Insurtech   Porch Group, a U.S.-based vertical software company focused on the home services industry, recently announced it has acquired four companies and has begun to expand into insurtech. Founded in 2012 as an online home improvement network, Porch claims it has grown into the industry-leading partner for the home by connecting homeowners with qualified professionals. “Focused on assisting customers at every ...

Mad Money Recap With Jim Cramer: A Plan for Earnings Season TheStreet 1/16/2021 © TheStreet Mad Money Recap With Jim Cramer: A Plan for Earnings Season Its always difficult to navigate earnings season, Jim Cramer told his Mad Money viewers Friday, but there are opportunities out there if you know where to look. Cramers game plan for next weeks action begins on Tuesday, after the long holiday weekend. He expects great earnings from Goldman Sachs but said Bank of America will be hard pres...

On the heels of its IPO, Porch acquired four startups for $122 million, but the company’s losses are widening.

Acquisition of Homeowners of America by Porch Group News provided by Share this article (PRNewsfoto/IA Capital Group) NEW YORK, Jan. 14, 2021 /PRNewswire/ -- Homeowners of America Holding Corporation (HOA) and Porch Group, Inc. (NASDAQ: PRCH) (Porch) have executed definitive agreements for Porch to acquire HOA and all related subsidiaries. The transaction, which is pending only regulatory approval, is expected to close early in the second quarter of 2021. Homeowners of America is a Managing Gen...

Home services platform Porch acquires four companies Only a few weeks after its SPAC IPO, Porch today announced that it has made four acquisitions, worth a total of $122 million. The most important here is probably the acquisition of Homeowners of America for $100 million, which gets Porch deeper into the home insurance space. In addition, Porch is also acquiring mover marketing and data platform V12 for $22 million, as well as home inspection service Palm-Tech and iRoofing, a SaaS application ...

Porch, a real estate technology startup that offers a home improvement marketplace and enterprise software, made its stock market debut Thursday after completing a merger with a “blank check” company earlier this week. The merger brought together Seattle-based Porch with Los Angeles-based PropTech Acquisition Corporation (PAC). The latter firm is what’s known as a special purpose acquisition company, or SPAC, which is a business that exists to go public and then later merge with a larger ...