---
schema_version: "secwatch.filing_event.v1"
accession: "0001828937-23-000080"
form_type: "8-K"
ticker: "FOA"
cik: "0001828937"
company_name: "Finance of America Companies Inc."
filed_at: "2023-07-06T23:59:59+00:00"
generated_at: "2026-06-13T12:08:17.132305+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Finance of America completes sale of Incenter title insurance business for ~$92.6M cash

## Summary
- Sold Agents National Title (ANTIC) and Boston National Holdings (BNT) to Essent US Holdings (Essent Group).
- Cash consideration of ~$92.6M, adjusted from $100M base purchase price per Securities Purchase Agreement.
- Transaction closed on July 1, 2023; CEO stated it supports long-term retirement-focused strategy.
- Pro forma financials filed showing discontinued operations classification for the sold entities.
- Assets of discontinued operations were $151.5M as of March 31, 2023; liabilities $66.3M.

## SEC filing metadata
- accession: 0001828937-23-000080
- form_type: 8-K
- ticker: FOA
- cik: 0001828937
- company_name: Finance of America Companies Inc.
- filed_at: 2023-07-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828937/000182893723000080/0001828937-23-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828937/000182893723000080/foa-20230701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828937-23-000080
- JSON: https://secwatch.observer/filing/0001828937-23-000080.json
- Plain text: https://secwatch.observer/filing/0001828937-23-000080.txt

## Key facts
- M&A Transactions
  Finance of America Companies Inc. completed a disposition involving Essent US Holdings, Inc. for approximately $92.6 million in cash (closed 2023-07-01).
  - Action: disposition
  - Counterparty: Essent US Holdings, Inc.
  - Consideration: approximately $92.6 million in cash
  - Closing: 2023-07-01
  source text: the Securities Purchase Agreement, in consideration for the capital stock and membership interests sold thereunder, on the Closing Date, the Buyer paid to Incenter approximately $92.6 million in cash, which is the base purchase price of $100.0 million adjusted at Closing in accordance with the provisions of the Securities Purchase Agreement. The purchase price is
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828937/000182893723000080/0001828937-23-000080-index.htm

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