Quad-C Management Completes the Sale of @properties to Compass
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CHARLOTTESVILLE, Va., Jan. 14, 2025 ~ Quad-C Management, Inc. ("Quad-C"), a prominent middle market private equity firm, has recently announced the successful sale of @properties to Compass, Inc. ("Compass"; NYSE: COMP). This acquisition marks a significant milestone for both companies and is expected to have a positive impact on the real estate industry.

@properties, a Chicago-based real estate services company, owns and operates real estate brokerage firms in seven states, multi-state title and mortgage companies, and the Christie's International Real Estate network. With over 100 independently owned brokerage affiliates in nearly 50 countries and territories, Christie's International Real Estate is a global luxury real estate network.

Tim Billings, Senior Partner at Quad-C, expressed his pride in the partnership with @properties. He stated that together they were able to achieve remarkable growth by increasing revenue by approximately 250%, opening 20 new offices, completing six acquisitions (including the Christie's International Real Estate Network), expanding title and mortgage services, and making significant investments in technology, marketing, and training platforms. Billings also commended Co-CEOs Thad Wong and Mike Golden for their commitment to providing exceptional customer service and utilizing technology to enhance the experience for both agents and clients.

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Echoing Billings' sentiments, Mike Golden added his gratitude towards Quad-C for their strategic support over the past few years. He acknowledged that this was @properties' first institutional partnership and that together they were able to transform the business significantly while staying true to their company's values and vision. Golden also expressed excitement about their next stage of growth with Compass.

The partnership with Compass will allow the combined company to continue empowering agents and independent broker-owner entrepreneurs around the world who are affiliates of Christie's International Real Estate. By joining forces, these companies will provide unparalleled resources and support to help everyone succeed while delivering exceptional client experiences.

Thad Wong also shared his thoughts on this new partnership. He stated that Compass shares their commitment to enhancing the real estate industry through technology, marketing, and exceptional service. He also emphasized that this union respects their unique brands and empowers agents to provide an even better experience for their clients.

Overall, the acquisition of @properties by Compass is expected to bring about positive changes in the real estate industry. With a shared vision and commitment to excellence, this partnership is set to create a powerful force in the market that will benefit agents, clients, and independent brokers alike.

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