Porch Group expects 2027 adjusted EBITDA above $180 million after Allied Trust deal closes
PRCH•Porch Group expects 2027 adjusted EBITDA excluding reciprocal to exceed $180 million, assuming its Allied Trust acquisition closes Jan. 1, 2027, after regulatory approval. The deal is expected to add about $200 million in reciprocal written premium and $25 million in adjusted EBITDA excluding reciprocal in its first full year.
1. 2027 outlook and deal
Porch Group forecast 2027 results exceeding 360,000 reciprocal policies written, $900 million in reciprocal written premium and $180 million in adjusted EBITDA excluding reciprocal. The outlook assumes the Allied Trust deal closes Jan. 1, 2027, following regulatory approval; Porch expects the acquisition to add about $200 million in reciprocal written premium and $25 million in adjusted EBITDA excluding reciprocal in its first full year.
2. Purchase terms
The terms include $55 million in cash upfront for the carrier, $50 million deferred, and $95 million for the MGA and captive reinsurance entity.
