RE/MAX Holdings Acquired by Real | Real Estate Services M&A Deal

Real has completed the acquisition of RE/MAX Holdings, a commercial brokerage business in Colorado, for $880 million. Real acquires RE/MAX Holdings to combine an AI-powered real estate brokerage platform with RE/MAX’s global franchise network and brand, supporting home buying and home selling through more than 120 countries and territories. RE/MAX Holdings operates as the parent of RE/MAX, LLC, a franchisor of real estate brokerage services with 180,000+ agents, including a large U.S. and Canada footprint, strengthening Real’s technology-enabled real estate services M&A strategy. The merger acquisition is a strategic acquisition by Real, with deal value cited at $2.3 billion and expected accretion to earnings and EBITDA margin within the first full fiscal year after closing, subject to definitive agreement terms and integration.