secwatch.observer — SEC 8-K summary
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Issuer:     RE/MAX Holdings, Inc. (RMAX)
CIK:        0001581091
Form:       8-K
Filed at:   2026-04-27T23:59:59+00:00
Accession:  0001104659-26-049039
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Real to acquire RE/MAX Holdings for ~$880M enterprise value, forming Real REMAX Group
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- Real (REAX) to acquire RE/MAX Holdings (RMAX) at enterprise value of ~$880M; combined entity named Real REMAX Group.
- Pro forma 2025 revenue ~$2.3B and Adj. EBITDA $157M; expected accretive to Real's earnings within first full year.
- Expected annual cost synergies ~$30M, majority realized by 2027; margin expansion ~100 bps.
- RE/MAX Q1 2026 earnings call canceled due to pending transaction.
- Combined company to have 180,000+ agents, 8,500 franchisees, present in 120+ countries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1581091/000110465926049039/0001104659-26-049039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1581091/000110465926049039/tm2612789d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-049039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer