Compass Closes $1.6b Anywhere Merger, Forms Industry Giant
The real estate industry has a new giant. Compass and Anywhere have officially merged. The companies announced the close of the $1.6 billion deal Friday morning through filings with the Securities and Exchange Commission.
The closing comes just four months after Compass announced its proposed acquisition of Anywhere in mid-September.
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.
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