Add-on Acquisition • Real Estate

Berkshire Hathaway HomeServices Acquires Powell & Associates Real Estate

On July 29, 2019, Berkshire Hathaway HomeServices acquired real estate company Powell & Associates Real Estate

Acquisition Context
  • This is Berkshire Hathaway HomeServices’ 3rd transaction in the Real Estate sector.
  • This is Berkshire Hathaway HomeServices’ 3rd transaction in the United States.
  • This is Berkshire Hathaway HomeServices’ 1st transaction in Pennsylvania.

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M&A Deal Summary

Date July 29, 2019
Target Powell & Associates Real Estate
Sector Real Estate
Buyer(s) Berkshire Hathaway HomeServices
Deal Type Add-on Acquisition

Target Company

Powell & Associates Real Estate

Punxsutawney, Pennsylvania, United States
Powell & Associates Real Estate LLC has been a prominent brokerage in the Punxsutawney market for over 32 years. Owned by Don Powell, they have been well respected for having well-trained agents and providing professional real estate services. Additionally, Powell is well versed in land and lot sales, homes, farms, and commercial real estate.
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Buyer Overview 1

Buyer

Berkshire Hathaway HomeServices

Irvine, California, United States

Category Company
Sector Real Estate
DESCRIPTION

BHH Affiliates LLC is a real estate brokerage network built for a new era in a residential real estate. BHH Affiliates is based in Irvine, California.


Deal Context for Buyer #
Overall 3 of 3
Sector: Real Estate 3 of 3
Type: Add-on Acquisition 2 of 2
State: Pennsylvania 1 of 1
Country: United States 3 of 3
Year: 2019 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-25 American Caribbean Real Estate of the Middle and Lower Florida Keys

Islamorada, Florida, United States

American Caribbean Real Estate has been exceeding expectations of buyers and sellers in the Florida Keys real estate market, establishing a reputation that is synonymous with integrity, professionalism and unparalleled market expertise. With two locations in the Upper Keys, Islamorada and Key Largo, American Caribbean has become recognized as an industry leader in the Florida Keys’ marketplace, with billions of dollars in closed sales and listings. We attribute our success to our dedicated sales team and administrative staff.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-11 BHHSALL

St. Louis, Missouri, United States

Berkshire Hathaway HomeServices Alliance Real Estate and Alliance Title Group is a locally owned, full-service real estate company serving the metropolitan St. Louis area.

Sell -