---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-153652"
form_type: "8-K"
ticker: "FTDR"
cik: "0001727263"
company_name: "Frontdoor, Inc."
filed_at: "2024-06-04T23:59:59+00:00"
generated_at: "2026-06-01T06:34:25.798388+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Frontdoor acquires 2-10 Home Buyers Warranty for $585M cash to expand into new home structural warranties

## Summary
- Aggregate cash consideration of $585M, subject to customary adjustments; deal expected to close in Q4 2024.
- 2-10 generated ~$198M revenue and ~$43M Adjusted EBITDA (21.7% margin) in 2023; had ~292,000 customers.
- Financing via $575M incremental term loan facility from JPMorgan, BofA, Wells Fargo plus available cash.
- Deal unanimously approved by Frontdoor board; regulatory approval and customary conditions remain.
- Expected to be additive to Adjusted EBITDA and free cash flow in 2025, first full year of ownership.

## SEC filing metadata
- accession: 0001193125-24-153652
- form_type: 8-K
- ticker: FTDR
- cik: 0001727263
- company_name: Frontdoor, Inc.
- filed_at: 2024-06-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1727263/000119312524153652/0001193125-24-153652-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1727263/000119312524153652/d843555d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-153652
- JSON: https://secwatch.observer/filing/0001193125-24-153652.json
- Plain text: https://secwatch.observer/filing/0001193125-24-153652.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.