Quad-C Management Finalizes the Acquisition of @properties by Compass Inc. Featuring Growth Possibilities

Quad-C Management Concludes the Sale of @properties to Compass

Quad-C Management, a prominent private equity firm focused on the middle market, has finalized the sale of @properties to Compass Inc., a leading name in residential real estate. This monumental transaction marks a significant step for both companies, promising enhanced growth prospects in the real estate sector.

Founded in 1989 and based in Charlottesville, Virginia, Quad-C has made its mark by investing in a diverse range of companies. With over three decades of experience, Quad-C has invested more than $4 billion in capital across 84 platform companies, firmly establishing itself as a key player in the private equity landscape. The recent transaction reflects Quad-C's strategic focus on growth-oriented ventures.

@properties, headquartered in Chicago, is renowned for its innovative approach to real estate services, operating brokerage firms across seven states alongside multi-state title and mortgage companies. Notably, it also manages the prestigious Christie's International Real Estate network, which consists of over 100 independently owned broker affiliates worldwide. Since its inception in 2000, @properties has significantly grown, under the leadership of Co-CEOs Thad Wong and Mike Golden, achieving approximately 250% revenue growth and opening 20 new office locations in recent years.

In the words of Tim Billings, a senior partner at Quad-C, the collaboration with the @properties team has yielded impressive results. Their joint efforts resulted in substantial revenue increases, the establishment of new offices, and acquisitions that expanded @properties' technological and marketing capabilities. This partnership has allowed for strategic improvements that align with customers' evolving needs and expectations in the real estate market.

Mike Golden, Co-CEO of @properties, expressed gratitude to Quad-C for their guidance and strategic input during the challenging transition period into an institutional partnership. He emphasized that this collaboration has transformed the company, positioning it for future growth and expansion.

The merger with Compass promises to unlock new opportunities for @properties, enabling enhanced resources for its agents while reinforcing its commitment to customers. As the largest residential real estate brokerage by sales volume in the United States, Compass aims to empower agents across its platform with advanced tools designed to enhance performance.

Together, @properties and Compass are set to provide an unparalleled real estate service experience, combining local expertise with expansive resources on a global scale. With their joint focus on leveraging technology and marketing innovations, both firms hope to elevate the capabilities of their agents and enhance the overall service provided to clients.

Looking ahead, the partnership will enable continued support for Christie's International Real Estate affiliates, further expanding opportunities for independent broker-owner entrepreneurs in the luxury market. The collaboration respects each brand's uniqueness while creating synergies that prioritize client satisfaction and agent success.

In conclusion, the sale of @properties to Compass marks a new chapter in the growth journey of both companies. It solidifies their commitment to drive remarkable innovation and service in the real estate sector, blending expertise, technology, and unparalleled service to meet the demands of a dynamic real estate landscape. With this deal successfully completed, @properties and Compass are well-positioned for their next stages of growth.