Stakes and Shareholders
Once finalized, the deal will leave Compass shareholders controlling 78% of the merged entity, with Anywhere investors holding about 22%. To support the acquisition, Compass secured $750 million in post-closing debt financing from Morgan Stanley.
The financial institutions behind the deal underscore its high stakes: Morgan Stanley served as adviser to Compass, while Goldman Sachs guided Anywhere.
Global Reach, Local Power
The combined force of Compass and Anywhere is set to reshape the global property map. According to the companies, the new entity will operate in every major U.S. city and across 120 countries and territories, employing 340,000 real estate professionals worldwide.
This transaction follows Compass’ earlier consolidation efforts, including its $444 million acquisition of Christie’s International Real Estate and @properties, also guided by Kirkland.
Legal Titans Steering the Transaction
The high-powered legal rosters reflect the magnitude of the deal. Compass turned to a Kirkland & Ellis team led by Joshua Kogan, Rachael Coffey, Heath Mayo, and Andrea Murino. Anywhere was advised by a Wachtell Lipton Rosen & Katz squad including Steven A. Rosenblum, Hannah Clark, Anna M. D’Ginto, Nicole Hovatter, Ilene Knable Gotts, Amelia R. Wrigley, Adam J. Shapiro, Michael J. Schobel, Jonathan C. Nickas, Gregory E. Pessin, Luke F. Porcari, Nicole D. Sharer, T. Eiko Stange, and Clayton S. Hackney.
