Trending...
- Airwavz Solutions Appoints Monte Dube to Market Advisory Board to Strengthen Healthcare Wireless Strategy
- Deaths Spur Closures, but Troubled Teen Camps Must Be Banned, CCHR Warns
- Utah Metal Fabricator Titan Forge Builds Momentum with Custom Steel Projects and Spiral Staircases
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.
More on illi News
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.
@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.
More on illi News
- Chicago: Mayor Brandon Johnson Attends Groundbreaking For Jigzibik Affordable Housing Complex
- The Sessions Studios Secures $300 Million Commitment to Launch World-Class Studio and 15-Film Global Slate
- READY FOR NEW BUILDS – Pond & Waterfall Construction Season Starts Now!
- Generic Trade Marks 15 Years of Leveling the Trading Field for all Futures Traders
- HeyGears Achieves Breakthrough in Multi-Material Resin 3D Printing, Overcoming Bottlenecks in Dental Manufacturing
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.
Filed Under: Business
0 Comments
Latest on illi News
- Cover Girl Finalist Teisha Mechetti Questions Legitimacy of Inked Originals Competition, Demands Transparency
- Sylver's Debut Book Reveals Massive Industry Oversight
- Easton & Easton, LLP Files Suit Against The Dwelling Place Anaheim & Vineyard USA Over Abuse Allegations
- AI Visibility: The Key to Beating Google's AI Overviews and Regaining Traffic
- Stuck Doing Math or Figuring Out Life's Numbers? Calculator.now Makes It Stupidly Simple
- National Van Lines Acquires First National Van Lines Domain to Streamline Branding
- Colbert Packaging Announces WBENC Recognition
- Echo Global Logistics Wins Inbound Logistics' #1 3PL for Ninth Year in a Row
- DivX Empowers Media Enthusiasts with Free Expert Guides for Advanced MP4 Management
- Whirlpool Brand and Premier Lacrosse League Announce Chicago River Stunt in Celebration of the League's Highly-Anticipated Return
- Assent Expands Executive Team to Accelerate Global Growth & Innovation
- The World's Largest Green Economic Revolution Emerges as Nature, Tech, and Finance Converge
- Jungbunzlauer Showcases Bioavailable Mineral Innovations for Gummies at IFT FIRST 2025
- Vinnetwork Unveils Decentralized AI Platform with Vinnetwork(VIN) Token to Challenge Tech Giants' Data Monopoly
- Centennial Flyers to Become Colorado's First Launch Customer for All-Electric B23 Energic Aircraft
- Revenue Valve Tells Why Visual Storytelling Is the Secret Weapon for Healthcare Nonprofits
- Pyro Marketing Opens New Digital Marketing Company to Power Growth for Fitness and Ecommerce Brands
- Dr. John Salerno of Salerno Wellness Introduces Their New Full Body Capsule for Advanced LED Light Therapy Patient Treatments
- Digi 995 Expands Its Universe: All Three Novels Now Available in Paperback Worldwide
- Chicago: Mayor Brandon Johnson on Track to Hit Summer Youth Employment Goal with Almost 29,000 Young People Hired for Third Consecutive Year of Expanded Opportunities