Frontdoor acquires 2-10 Home Buyers Warranty
Frontdoor has completed its $585 million all-cash acquisition of 2-10 Home Buyers Warranty , following regulatory approvals.
The deal expands Frontdoor’s customer base and diversifies its product offerings with 2-10’s New Home Structural Warranty, creating cross-selling opportunities for home warranties and on-demand services.
To support the acquisition, Frontdoor secured a $1.47 billion credit facility, using proceeds to retire existing debt, fund the purchase, and support corporate initiatives like share repurchases.