Tiptree to acquire growing vehicle warranty solutions provider, smart autocare

Tiptree to acquire growing vehicle warranty solutions provider, smart autocare.tiptree inc - peter masi will remain ceo of business.tiptree - intends to fund acquisition from a combination of cash and debt financing.tiptree inc - agreed to acquire smart autocare in an all cash transaction that will also include incentive-based earn outs over time.tiptree- smart autocare and its affiliated entities will become wholly owned subsidiaries of tiptree warranty holdings llc.
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