Acquiring Company
Compass
Acquired Company
Washington Fine Properties
Description
Compass has acquired Washington Fine Properties, enhancing its luxury real estate offerings in the D.C. area. The two firms will continue to operate under their own brands while benefiting from shared resources. Compass aims to empower clients in their home ownership journey. This addition marks one of Compass's most significant local acquisitions.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed