Tech Company M&A Transactions
Modus Real Estate Acquisition
Headquartered in Seattle, Modus Real Estate was acquired by Compass RE. Compass RE did not announce the acquisition terms for the deal.
Transaction Overview
Company Name
Acquired By
Announced On
10/5/2020
Transaction Type
M&A
Amount
Unknown
M&A Terms
Compass plans to integrate Modus' software into its tech-fueled platform used by more than 18,000 real estate agents across 165-plus U.S. cities. The Modus brand will continue to exist and its 60-plus employee team will join Compass, which employs more than 2,000 people. Financial terms of the transaction were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Real Estate
Mailing Address
901 5th Ave. 3310
Seattle, WA 98164
USA
Seattle, WA 98164
USA
Phone
Website
Email Address
Overview
Modus is a real estate tech company significantly improving security, client experience, and clarity throughout the entire home closing process.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alexander Day
Chief Technical Officer
Abbas Guvenilir
Co-Founder
Jai Sim
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