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Compass acquires PorchLight Real Estate Group

Jul 09, 20257 days ago

Acquiring Company

Compass

Acquired Company

PorchLight Real Estate Group

New YorkDenverReal EstateReal Estate

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.

Company Information

Company

Compass

Location

110 FIFTH AVENUE

New York, New York, United States

About

Compass is a real estate technology company with a powerful end-to-end platform that supports the entire buying and selling workflow. We deliver an incomparable experience to both agents and their clients all in service of the Compass mission: to help everyone find their place in the world.

M&A Insights

Based on deal data
Integration 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

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