Add-on Acquisition • Real Estate

HomeServices of America Acquires The Long & Foster Companies

On September 7, 2017, HomeServices of America acquired real estate company The Long & Foster Companies

Acquisition Context
  • This is HomeServices of America’s 4th transaction in the Real Estate sector.
  • This is HomeServices of America’s 4th transaction in the United States.
  • This is HomeServices of America’s 1st transaction in Virginia.

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M&A Deal Summary

Date September 7, 2017
Target The Long & Foster Companies
Sector Real Estate
Buyer(s) HomeServices of America
Deal Type Add-on Acquisition

Target Company

The Long & Foster Companies

Chantilly, Virginia, United States
The Long & Foster Companies, Inc. is a provider of homeownership services in the Mid-Atlantic and Northeast region. The Long & Foster Companies consist of Prosperity Home Mortgage, LLC, Long & Foster Insurance, and Long & Foster Settlement Services, as well as Long & Foster Property Management, Long & Foster Vacation Rentals and Long & Foster Corporate Real Estate Services.
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Buyer Overview 1

Buyer

HomeServices of America

Minneapolis, Minnesota, United States

Category Company
Founded 1998
Sector Real Estate
Employees1,600
DESCRIPTION

HomeServices of America, Inc. is a residential real estate brokerage company.


Deal Context for Buyer #
Overall 4 of 10
Sector: Real Estate 4 of 10
Type: Add-on Acquisition 4 of 7
State: Virginia 1 of 2
Country: United States 4 of 10
Year: 2017 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-04 Gloria Nilson & Co. Real Estate

Red Bank, New Jersey, United States

Gloria Nilson & Co. Real Estate is an integrated home buying and/or selling experience for their clients. It offer a full suite of services through our in-house mortgage, title, and home warranty insurance to ensure reputable support and smooth transactions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-09 Berkshire Hathaway HomeServices Florida Realty

Florida, United States

Berkshire Hathaway HomeServices Florida Realty is a provider of residential and commercial services as well as title and settlement services, seasonal rentals, property management, REO & Foreclosures, corporate relocations, nationwide referral assistance, home service plans, and personal moving concierge services.

Buy -