TIPTREE INC. (TIPT): M&A transaction — Tiptree completes sale of Reliance First Capital to Carrington for ~$47.3M cash

TIPTREE INC.

Closed sale of Reliance First Capital membership interests to Carrington Mortgage Services on May 1, 2026.
Received $47,291,890 cash at closing; $2,000,000 escrow for purchase price adjustment and $1,027,798 for tax holdback.
Escrow amounts expected to be released after final determination of purchase price adjustment and tax matters.
Transaction originally announced Oct 31, 2025; Purchase Agreement amended Dec 5, 2025.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 1.0

TIPTREE INC. completed a disposition involving Carrington Mortgage Services, LLC for $47,291,890 in cash paid to Sellers at closing, plus $2,000,000 held in escrow related to the Purchase Price Adjustment Holdback Amount and $1,027,798 held in e (closed 2026-05-01).

Action: disposition
Counterparty: Carrington Mortgage Services, LLC
Consideration: $47,291,890 in cash paid to Sellers at closing, plus $2,000,000 held in escrow related to the Purchase Price Adjustment Holdback Amount and $1,027,798 held in e
Closing: 2026-05-01

Exact text from the filing

as of December 5, 2025 (together, the “Purchase Agreement”), by and among Buyer, Sellers and Reliance. At the closing of the Sale, pursuant to the Purchase Agreement, Buyer paid $47,291,890 in cash to Sellers with an additional $2,000,000 held in escrow related to the Purchase Price Adjustment Holdback Amount (as defined in the Purchase Agreement) and $1,027,798 held

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Source: SEC EDGAR

accession 0001393726-26-000029

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