"Compass had originally estimated a summer or fall 2026 close date for the transaction. However, after a shareholder vote on Wednesday, in which stockholders at both firms approved the merger, the companies announced a much accelerated timeline. Our collective vision is to become the best in the world at empowering real estate professionals with everything they need to realize their entrepreneurial potential, Robert Reffkin, the founder and CEO of Compass, said in a statement."
"What makes this moment unique is not a transaction that combines two companies it's that the industry's most respected brands and professionals are coming together on a single, modern technology platform that will help them save time, grow their business, and better serve their clients. Reffkin will lead the merged companies under Compass International Holdings as its chairman and CEO."
Compass and another firm accelerated a planned merger after shareholders at both companies approved the deal, advancing a previously estimated summer or fall 2026 closing. The companies moved to a much faster timeline following the shareholder vote. The merger will place the combined operations under Compass International Holdings. Robert Reffkin will serve as chairman and CEO of the merged companies. The combined organization will bring respected real estate brands and professionals onto a single modern technology platform designed to save time, help agents grow their businesses, and better serve clients. The vision centers on empowering real estate professionals to realize entrepreneurial potential.
Read at www.housingwire.com
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