AcquisitionApr 27, 2026Completed
๐บ๐ธ United States
RMRE/MAX Holdings, Inc.RBThe Real Brokerage Inc.
Real Estate โบ Real Estate Services
Enterprise value$880MEnterprise value
AnnouncedApr 27, 2026
ConsiderationCash and stock
StructureOther
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Real agreed to acquire RE/MAX Holdings under a definitive agreement, forming a new holding company, Real REMAX Group. RE/MAX shareholders could elect to receive 5.15 shares of the new company or $13.80 in cash per share, subject to proration, with aggregate cash of $60-80 million.
Deal rationale
The deal combines Real's AI-powered brokerage technology with REMAX's global franchise brand and network, with expected earnings accretion and about $30 million of annual cost synergies.
AI-generated from the SEC filingCompletedReal Estate โบ Real Estate ServicesUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $880M | Headline figure |
| Consideration | Cash and stock |
Advisors
Buy-side
MSMorgan Stanley
Sell-side
JPJ.P. Morgan
Parties
Acquirer
RBThe Real Brokerage Inc.
- Headquarters
- United States
- Ticker
- โ