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New Deal


Announced

United Real Estate to merge with Benchmark Realty.

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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Real Estate Services

Single Bidder

Pending

United States

Domestic

Majority

Private

Acquisition

real estate brokerage

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Merger

Synopsis

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United Real Estate, a real estate brokerage firm, agreed to merge with Benchmark Realty, the largest independent real estate brokerage in the Middle Tennessee region. Financial terms were not disclosed. "We have spent the better part of ten years positioning United Real Estate for this kind of growth. Phillip Cantrell and Benchmark’s leadership operate one of the best brokerages in the US. While Benchmark’s size and market share were appealing, we were also attracted to the alignment of our cultures and how Benchmark demonstrates their commitment to extraordinary agent and client outcomes," Dan Duffy, United Real Estate CEO.

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