FTDR · Categories · M&A
FTDR - Mergers and acquisitions
Frontdoor Inc. (FTDR) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for FTDR
- Frontdoor Announces Record Full-Year 2024 Financial ResultsRevenue Increased 4% to $1.84 Billion; Gross Profit Margin Increased 410 Basis Points to 54%; Net Income and Adjusted EBITDA Increased 37% and 28%, respectively; Utilized $160 Million to Repurchase ~4 Million Shares in 2024; Completed Acquisition of 2-10 Home Buyers Warranty and $1.47 Billion Credit Facility Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home warranties, today announced fourth-quarter and full-year 2024 results. Financial Results Three Months Ended December 31, Year Ended December 31, (In millions except as noted) 2024 2023 Change
- Frontdoor, Inc. Completes Acquisition of 2-10 Home Buyers Warranty and Pricing of Previously Announced $1.47 Billion Credit FacilityIncreases Frontdoor's customer base, revenue and earnings Opens new sales channel for home warranties Diversifies portfolio into an adjacent and growing category Frontdoor, Inc. (NASDAQ:FTDR), the nation's leading provider of home warranties, today announced it has completed the acquisition of 2-10 Home Buyers Warranty following receipt of all regulatory approvals and satisfaction of all other closing conditions. "Frontdoor, Inc. now owns a great brand and highly complementary business that aligns very well with our strategic growth priorities," said Frontdoor, Inc. Chairman and CEO Bill Cobb. "2-10 immediately grows our customer base, revenue and earnings. 2-10's New Home Structura