Porch Group, Inc. to acquire Homeowners of America Holding Corporation

Porch Group, Inc. has agreed to acquire Homeowners of America Holding Corporation in a strategic acquisition. The transaction, announced on 13 October 2026, involves a combination of cash and shares as the consideration for the deal. Both the buyer and the target are based in the United States, operating within the financial services sector. The specific financial value of the transaction has not been disclosed, and no completion date has been reported to date. This move represents a significant consolidation within the US financial services landscape, combining two entities under a single corporate structure. The deal structure indicates a standard strategic acquisition rather than a management buyout or merger of equals. As the transaction moves forward, the parties are focused on integrating their respective operations and customer bases. The current status of the deal is firm intention, indicating that the agreement is in place but final regulatory clearances and other closing conditions remain to be met before the transfer of ownership is finalized.