Press release
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RE / MAX® HOLDINGS , INC . NEWS RELEASE RE / MAX Holdings , Inc. Announces Agreement To Acquire North America Regions From RE / MAX INTEGRA 6/3/2021 Deal Will Bring Nearly 19,000 Agents and Over 1,100 RE / MAX Offices into Company - Owned Regions Additionally , Nick Bailey , former Chief Customer Officer , Has Been Promoted to President , RE / MAX , LLC DENVER , June 3 , 2021 / PRNewswire / -- RE / MAX Holdings , Inc. ( the " Company " or " RE / MAX Holdings " ) ( NYSE : RMAX ) , today announced that RE / MAX , LLC , one of the world's leading franchisors of real estate brokerage services , has entered into an agreement to acquire the North America regions of RE / MAX INTEGRA . Once completed , the acquisition will bring nearly 19,000 agents ( approximately 12,000 in Canada and 7,000 in the U.S. ) and more than 1,100 independently owned and operated RE / MAX offices under the RE / MAX , LLC Company - Owned Region ( COR ) umbrella . Acquiring independent RE / MAX regional franchises has long been a key pillar of the Company's growth strategy and a capital allocation priority . " We are thrilled to announce this regional acquisition , which is by far the most significant in the history of our company in terms of the size of territory and number of agents , " said Adam Contos , RE / MAX Holdings CEO . " The addition of these strategic and geographically desirable regions enhances our ability to continue to scale , brings many attractive growth opportunities and simplifies our operational structure by creating greater efficiencies . I wish to thank RE / MAX INTEGRA co - founders Frank Polzler and Walter Schneider - and their amazing families - for their dedication and passion in growing the RE / MAX brand over the 40 - year tenure with our network . Their RE / MAX story moves forward with INTEGRA'S RE / MAX Europe region , where they'll continue to have a positive impact on region owners , franchisees , sales associates and consumers . " The North America regions being acquired by RE / MAX , LLC include five Canadian provinces ( New 1