There was a time when hardly a month went by without @Compass acquiring a company. Between 2018 and its April 2021 IPO, the brokerage spent $300 million on acquisitions, taking control of at least 14 brokerages and upping its head count by some 4,000 agents.⁠ ⁠ Cash wasn’t Compass’ only means for acquiring businesses, though. The firm also issued loads of stock to some of the companies it gobbled up, mirroring its approach to wooing star agents.⁠ ⁠ Those shares have plummeted in value since its IPO. In light of the stock's collapse and the firm's recently announced $320 million plan to cut costs, how have the brokerages that Compass acquired fared?⁠ ⁠ “They’re probably worth a lot less than if they’d just taken the earnout in cash,” said Steve Murray, a partner at Real Trends who represented some of the firms Compass acquired. “It doesn’t really matter what the strike price was. It wasn’t as low as it’s traded now.”⁠ ⁠ Head to the #linkinbio for a full breakdown.⁠ ⁠ #TheRealDeal #RealEstateNews #Compass #Brokerage