Replay Acquisition, a publicly-traded SPAC, completed the merger with Finance of America Companies, an end-to-end lending and services platform, in a $1.9bn deal. Funds managed by Blackstone and FOA’s management and founder retained c.70% equity ownership post-closing. “Our value proposition is truly unique given our proven ability to innovate and deliver complementary financial solutions that consumers want and investors value. These attributes should continue to provide us with a sustainable competitive advantage. Today’s milestone would not be possible without the support of everyone on our team who has worked diligently and passionately to advance our mission,“ Patricia Cook, FOA CEO.