"It was a brilliant move," Finley Hair, national director of M&A Advisory at WAV Group, stated. "It is probably going to go down as the deal of the decade for real estate."
Compass has experienced significant growth in 2024, becoming cash-flow positive across all three quarters, raising its total from $167 million to $211 million.
With the acquisition of @properties and Christie's International Real Estate, Compass gains access to international markets and solidifies its leading position in markets like Chicago and Atlanta.
The deal's financial arrangements include $150 million in cash and $294 million in stocks, with @properties' ownership team set to receive 44 million shares in Compass.
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