Announced
Synopsis
HIG Capital, a global alternative investment firm, agreed to invest in Rely Home, a nationwide home warranty provider. Financial terms were not disclosed. "We are committed to expanding our offerings and delivering reliable protection for homeowners across the country. H.I.G.'s investment is a clear endorsement of our strategy, and H.I.G.'s investment will support Rely's initiatives to enhance the customer and technician experience, to broaden our reach, and to execute on our long-term growth plan," Jim Mostofi, Rely Chief Executive Officer.
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