Compass to Combine with Anywhere Real Estate

Fried Frank is advising Goldman Sachs & Co. as the exclusive financial advisor to Anywhere Real Estate in its agreement to combine with Compass, Inc., in an all-stock transaction. The combined company is expected to have an enterprise value of approximately $10 billion, including the assumption of debt. This transaction pairs Compass' years of investment in technology, innovative marketing offerings and real estate professionals with Anywhere's leading brands, broader and complementary businesses and global reach. The combination of these companies will create a premier real estate platform, enabling agents and franchisees to best serve home sellers and home buyers. Read the companies' press release for more information.

This is the latest transaction in which Fried Frank is guiding Goldman Sachs as a financial advisor. Most recently, the firm acted as counsel to Goldman Sachs as the financial advisor to Olo Inc. in its $2 billion sale to Thoma Bravo.

The Fried Frank team is led by partners Philip Richter and Roy Tannenbaum.