M&A
confidence high
sentiment neutral
materiality 0.75
Compass closes acquisition of @properties Christie's International Real Estate for $150M cash + ~44.1M shares
Compass, Inc.
- Closed acquisition of @properties Christie's International Real Estate on January 13, 2025.
- Total consideration: $150M cash plus 44,136,191 shares of Compass Class A common stock.
- Share consideration subject to one-year adjustment: if stock value deviates from $344M, share count adjusted by up to $50M.
- Funding primarily from cash on hand and borrowings under revolving credit facility.
- Financial statements and pro forma financials to be filed by amendment within 71 days.