"The acquisition, which was announced in mid-September, gave Anywhere an enterprise value of approximately $10 billion and included the assumption of its debt. When the transaction is complete, current Compass shareholders will own nearly 80% of the combined company stock, and Anywhere shareholders will own over 20%. This landmark acquisition brings Compass together with some of the most well known brands in real estate, giving the company a total of over 340,000 agents worldwide."
"While many in the real estate community lauded Compass CEO Robert Reffkin on the deal, others were concerned about what it might mean for Compass's inventory of exclusive listings. However, as many in the real estate industry noted, while the deal does give Compass an impressive roster of agents under its umbrella, just 51,000 of Anywhere's agents are part of the owned brokerage operation, bringing Compass's owned brokerage agent total of a little over 90,000."
2025 featured unprecedented lawsuits, mergers and acquisitions across the housing industry. Rocket's deals with Redfin and Mr. Cooper dominated early-year M&A conversation. In mid-September Compass announced an all-stock acquisition of Anywhere, valuing Anywhere at about $10 billion including assumed debt. Post-close ownership will leave Compass shareholders with nearly 80% and Anywhere shareholders with over 20% of the combined company. The deal brings together well-known brands and more than 340,000 agents worldwide. Only 51,000 of Anywhere's agents are part of its owned brokerage, bringing Compass's owned-brokerage total to just over 90,000. Agents remain independent contractors, limiting Compass's operational control over individual businesses. The acquisition must close before impacts on exclusive listings become clear.
Read at www.housingwire.com
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