Acquiring Company
Compass
Acquired Company
PorchLight Real Estate Group
Description
Compass has successfully acquired PorchLight Real Estate Group, a 150-agent brokerage based in Denver, Colorado. This acquisition is part of Compass's strategy to expand its market share in key regions. Founded in 2005, PorchLight is recognized for its strong agent focus and commitment to client service. The acquisition will enhance Compass’s capabilities in the high-demand Denver metro market.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed