
DLA Piper advised Rely Home Inc., a US home warranty provider, in its strategic investment from H.I.G. Capital, a Miami-based global alternative investment firm. The firm also guided Rely Home in a related debt refinancing from JPMorgan Chase Bank, N.A. and Citizens Bank, N.A.
Rely Home offers service contracts through direct-to-consumer and real estate channels under three brands: Choice Home Warranty, Home Warranty of America, and Home Service Club. The investment will support Rely Home’s initiatives to enhance customer and technician experience, broaden its reach, and execute its long-term growth plan.
Partner Sidney Burke (New York) and Of Counsel Jay Tannon (Washington, DC) led the deal team for the strategic investment, and Partner Richard Marks (Washington, DC) led the related financing. Additional deal team support included Partners Jamie Konn (Atlanta), William Bartow (Philadelphia), Jordan Bailowitz (Baltimore), Nathaniel McKitterick (Palo Alto), Paolo Morante (New York), and Julia Kovacs (Washington, DC); Of Counsel Priya Narahari (Philadelphia); and Associates Paula Altman (Boston), Matthew Greenberg, Jacqueline Lydic (both New York), Eugene Chung, and Kristen Roberson (both Washington, DC).
With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for 15 consecutive years, according to Mergermarket, and ranked as number one in VC, PE, and M&A in combined global deal volume, according to PitchBook.