M&A Deal Summary

Carrington Holding Acquires Reliance First Capital

On October 31, 2025, Carrington Holding acquired financial services company Reliance First Capital from Tiptree

Acquisition Highlights
  • This is Carrington Holding’s 1st transaction in the Financial Services sector.
  • This is Carrington Holding’s 1st transaction in the United States.
  • This is Carrington Holding’s 1st transaction in New York.

M&A Deal Summary

Date 2025-10-31
Target Reliance First Capital
Sector Financial Services
Buyer(s) Carrington Holding
Sellers(s) Tiptree
Deal Type Divestiture

Target

Reliance First Capital

Melville, New York, United States
Reliance First Capital is a national mortgage banker committed to responsible lending with superior service, to offering all consumers competitively-priced, affordable, and fair mortgage loans, and to preserving access to credit in the residential real estate lending market. Reliance First Capital was founded in 2008 and is based in Melville, New York.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Carrington Holding

Anaheim, California, United States

Category Company
Founded 2003
Sector Real Estate
DESCRIPTION

Carrington Holding is a holding company that provides services across the single-family residential real estate lifecycle in the United States, including asset management, mortgage lending and servicing, real estate brokerage, and title and escrow services. Carrington Holding was founded in 2003 and is headquartered in Anaheim, California.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1

Seller(S) 1

SELLER

Tiptree

Greenwich, Connecticut, United States

Category Company
Founded 1978
Sector Insurance
Employees1,496
Revenue 2.0B USD (2024)
DESCRIPTION

Tiptree is a holding company that combines insurance operations with investment management expertise. Tiptree principal operating subsidiary is a leading provider of specialty insurance products and related services. We also invest through Tiptree Capital across a broad spectrum of opportunities. Tiptree was founded in 2007 and is based in Greenwich, Connecticut.


DEAL STATS #
Overall 2 of 2
Sector: Financial Services M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: New York M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-17 Smart AutoCare

Richardson, Texas, United States

Smart AutoCare is a designer, marketer, and administer of turnkey finance and insurance (“F&I”) products and reinsurance solutions to auto dealerships across the United States.

Buy -