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Announced

Completed

Berkshire Hathaway HomeServices Northwood Realty Services has acquired Berkshire Hathaway HomeServices Kovack Realtors.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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property development & management

Private

Completed

Friendly

property broker

Merger

United States

Real Estate Services

Acquisition

Majority

Single Bidder

Synopsis

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Berkshire Hathaway HomeServices Northwood Realty Services, leading real estate management, and brokerage firm completes acquisition of Berkshire Hathaway HomeServices Kovack Realtors, a leading property brokerage service. Financial terms were not disclosed. The union adds to the brokerage superpower of more than 1,800 agents and 54 offices serving 22 counties in Eastern Ohio and Western Pennsylvania. “We are thrilled to have Michele grow with us; she has a terrific reputation along with superior leadership and operational skills,” Kevin M. Leonard, Berkshire Hathaway HomeServices Northwood Realty Services President.

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