Compass Inc. unveiled a blockbuster move Monday, announcing it will acquire rival Anywhere Real Estate for $1.6 billion, a deal advised by Kirkland & Ellis LLP and Wachtell Lipton Rosen & Katz. Once the transaction closes in the second half of next year, the combined company is expected to command a staggering $10 billion valuation.
The deal represents one of the most dramatic consolidations in the real estate sector in years, uniting Compass’ tech-driven brokerage model with Anywhere’s legacy brands.
Bringing Icons Under One Roof
Anywhere’s extensive brand portfolio—Century 21, Coldwell Banker, Corcoran, Sotheby’s International Realty, and Better Homes and Gardens Real Estate—will now fall under Compass ownership. The merger brings together household names in property markets across the globe, forming a titan that spans both modern innovation and established prestige.
Compass CEO and founder Robert Reffkin, who will lead the combined company, framed the deal as an industry-defining moment. “By uniting two of the best companies in our field, while preserving the independence of Anywhere’s iconic brands, we’re building a platform where real estate professionals can thrive for decades,” Reffkin said.
