The deal includes affiliated mortgage and title companies
Berkshire Hathaway affiliate HomeServices of America has acquired the Ebby Halliday Companies, the largest private residential real estate company in Texas by sales volume.
Through its operating companies, brokerage company HomeServices of America is a provider of homeownership services, including brokerage, mortgage, franchising, title, escrow, insurance, and relocation services.
The deal includes Ebby Halliday’s three real estate brands and their affiliated mortgage and title companies. The companies will continue to operate under their current brand names. Financial terms of the transaction were not disclosed.
Ebby Halliday, which is based in Dallas, serves the Dallas-Fort Worth area as well as its surrounding communities. The company employs about 1,800 sales associates and staff across its 35 offices in North Texas.
Following the acquisition, the company will continue to be led by President and CEO Mary Frances Burleson and CFO Ron Burgert. The two will continue to lead the firm’s strategic growth initiatives and manage day-to-day operations together with their sales management teams.
As a result of the deal, HomeServices further expands in presence in Texas. The company had previously acquired Dallas-based Allie Beth Allman & Associates.
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