Compass to Purchase D.C.-based KVS Title
March 2, 2021
Real estate technology company Compass has signed a definitive agreement to purchase Washington, D.C.-based KVS Title.
Compass now serves California, Florida, Washington State, Maryland, Virginia and Washington D.C. This deal comes less than six months after Compass purchased Modus, a title and escrow software startup.
"We're incredibly excited to welcome the KVS Title team to Compass. Their family-like culture, their expertise in the title business and, most importantly, their great leadership team make them a perfect match for Compass," said Compass Founder and CEO Robert Reffkin. "The underlying driver of Compass' success has always been our obsession with how to help agents grow their business and better serve their clients. With this acquisition we're advancing both of these goals."
Founded in 2010, KVS Title serves the greater Washington, D.C., metropolitan area. It employs more than 90 employees at six offices.
"We are thrilled to be joining Compass, the most agent-focused company in the industry and a partner that shares our passion for building a trustworthy brand, attracting top professionals and investing in the best technology in the business," said David Kanstoroom, CEO of KVS Title. "Compass agents are some of the most collaborative and experienced agents in the country, this partnership provides us with a tremendous opportunity to further build our network and drive results for our business."
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