QXO announces additional $1.8 billion raise for deal war chest
QXO’s new $1.8B funding brings its total to $3B as it targets major acquisitions in the $800B building products industry.
Mergers and Acquisitions
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Merger forms largest Arizona REMAX brokerage
Combined operations will work under the RE/MAX Fine Properties name and maintain nine offices across the state.
Compass-Anywhere merger closing imminent, brokers share plans to compete
The Compass-Anywhere merger could close Friday, giving the new firm over 50% market share in major metros and reshaping competition.
Compass-Anywhere merger wins shareholder approval, closing expected soon
Compass and Anywhere Real Estate merger passes shareholder vote, with closing set for Friday pending final conditions.
What QXO’s $1.2 billion investment means for the fragmented building materials industry
QXO landed a $1.2B Apollo investment to fund acquisitions, with a July 15 deadline to close a deal. The distributor is reviewing seven targets as it pursues $50B in annual revenue.
Stewart Title expands with Florida acquisition
Townsend Title Insurance Agency, which has provided title insurance services in southwest Florida since 2008, becomes part of the Stewart.
Compass-Anywhere deal may exceed DOJ market-share limits in some cities
The Compass-Anywhere merger may give one firm over 30% market share in key cities, raising antitrust concerns.
Century 21 expands presence in Idaho
The company plans to use the affiliation to support recruitment efforts and explore potential acquisitions in surrounding markets.
ERA Real Estate affiliate announces North Texas acquisition
The acquisition includes two offices and nearly 100 agents. Following the transaction, the brokerage will operate as 24Fifteen ERA Powered.
Kriss Law/Atlantic Closing & Escrow expands New England footprint with merger
Kriss Law/Atlantic Closing & Escrow has merged with DaMore Law and its Vermont division, Green Mountain Lawyers.