AcquisitionApr 27, 2026Completed
๐Ÿ‡บ๐Ÿ‡ธ United States

RE/MAX Holdings, Inc.The Real Brokerage Inc.

Real Estate โ€บ 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 filing
CompletedReal Estate โ€บ Real Estate ServicesUnited StatesNorth America

Timeline

  1. AnnouncedApr 27, 2026

    Imported from prototype record 236, unverified

    Filing
  2. Regulatory clearanceJul 13, 2026

    HSR waiting period expired or ended.

    Filing
  3. Shareholder vote ยท ApprovedAug 14, 2026

    Target shareholders approved the deal.

    Filing
  4. ClosedAug 24, 2026

    Closing reported in Form 8-K filed 2026-08-24.

    Filing

Valuation and terms

Equity valueUndisclosed
Enterprise value$880MHeadline figure
ConsiderationCash and stock

Advisors

Buy-side
MSMorgan Stanley
Sell-side
JPJ.P. Morgan

Parties

Target
RE/MAX Holdings, Inc.
Headquarters
United States
Ticker
RMAX
EDGAR company page
Acquirer
The Real Brokerage Inc.
Headquarters
United States
Ticker
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