M&A Deal Summary

Compass Acquires LegacyTexas Title

On September 14, 2021, Compass acquired insurance company LegacyTexas Title

Acquisition Highlights
  • This is Compass’ 2nd transaction in the Insurance sector.
  • This is Compass’ 7th transaction in the United States.
  • This is Compass’ 1st transaction in Texas.

M&A Deal Summary

Date 2021-09-14
Target LegacyTexas Title
Sector Insurance
Buyer(s) Compass
Deal Type Add-on Acquisition

Target

LegacyTexas Title

Dallas, Texas, United States
website
LegacyTexas Title is a title insurance company. LegacyTexas Title is based in Dallas, Texas.

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Buyer(S) 1

Buyer

Compass

New York, New York, United States

website


Category Company
Founded 2012
Sector Internet Software and Services
Employees4,775
Revenue 6.4B USD (2021)
DESCRIPTION
Billboard for Compass in Chicago, Illinois.
Billboard for Compass in Chicago, Illinois.

Compass is a real estate technology company with a powerful end-to-end platform that supports the entire buying and selling workflow. Compass delivers a seamless experience to both agents and their clients. Compass was incorporated in 2012 and is based in New York City.


DEAL STATS #
Overall 7 of 10
Sector (Insurance) 2 of 3
Type (Add-on Acquisition) 7 of 10
State (Texas) 1 of 1
Country (United States) 7 of 10
Year (2021) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-26 Glide

San Francisco, California, United States

Glide is a real estate transaction management platform company that provides agents with critical transaction management tools such as offer and transaction management, digitization of key forms, eSignature, and digital disclosures. Glide was founded in 2017 and is based in San Francisco, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-22 First Alliance Title

Denver, California, United States

First Alliance Title is a provider of title services. First Alliance Title was founded in 2014 and is based in Denver, Colorado.

Buy -