Our affiliate, MFA Capital Advisors, is pleased to announce that it advised Bushari Real Estate in its strategic sale to Compass, a real estate technology firm. Terms of the transaction were not disclosed.
Bushari Real Estate, founded in 2008, is an independent, family-owned real estate brokerage firm. With a focus on the sale of luxury property, the Boston-based company saw steady growth in recent years and was named to Inc. 5000’s list of fastest growing private companies in 2017.
“The MFA team took the time to understand what was important to us – finding a new home for our agents where they would be not only comfortable, but embraced, and where they would be afforded long-term growth prospects,” said Mara Bushari, co-founder of Bushari Real Estate. “Beyond advising on the value of our business and leading our firm through the acquisition process, we were fortunate to benefit from MFA’s wealth of knowledge on tax strategy, financial planning and more. Their sound advice and guidance was vital to fueling our ultimate decision, and we look forward to seeing our business thrive under Compass’ innovative direction.”
MFA Partner Bill Duratti added: “The Boston real estate market has been transformed in recent years thanks to the pioneering work of companies like Bushari Real Estate that leverage modern marketing and innovative technology to attract buyers. In Compass, Bushari has found a like-minded operation to continue spear-heading their efforts to revolutionize the real estate market in Greater Boston. We’re pleased we were able to advise the Bushari team on this exciting endeavor.”
ABOUT MFA CAPITAL ADVISORS
MFA Capital Advisors, LLC is an M&A advisory services firm that encompasses a full range of corporate finance matters including, but not limited to, mergers and acquisitions, reorganizations, recapitalizations, stock repurchases, bank financing, strategic alternatives and general corporate advisory on related matters.