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Pacific Consulting Group

Social Business Consulting Group - Sobizco

Social Business Consulting Group (Sobizco) just launched with 17 founding partners who are all certified social media strategists from Social ...

Compass buying Pacific Union — its second SF real estate acquisition in two months

Compass has been aggressively luring top agents from other Bay Area firms, offering higher commission splits and bonuses.

“I know they are giving them stock and paying a tremendous amount of marketing funds for them,” said Sposito, who has lost some agents to Compass. “They are getting ridiculous amounts of money to come on board.”

Compass said in December that SoftBank Vision Fund agreed to invest $450 million in the company, bringing its total capital raised to $775 million.

In early July, Compass bought Paragon to form San Francisco’s largest residential brokerage firm. Terms were not disclosed.

Its purchase of Pacific Union will probably be the nation’s second largest real estate brokerage acquisition this year, said Steve Murray, president of Real Trends, whose firm consults on real estate mergers but was not involved in this one. He estimated that the purchase price will be between $100 million and $200 million, which would trail only one larger deal he was involved in. That one was not disclosed publicly but involved the acquisition of a privately held brokerage by a private equity firm, he said.

SEER Appoints Dr. Simon Tang as Vice-Chairman of the Board and Chairman of Newly Formed SEER Asia-Pacific ...

GOLDEN, Colo., Aug. 27, 2018 (GLOBE NEWSWIRE) -- Strategic Environmental & Energy Resources, Inc.  (SEER) (OTCQB:  SENR ), a provider of environmental, renewable fuels and industrial waste stream management services, has appointed Dr. Simon L. Tang as Vice-Chairman of the board of SEER and Chairman of SEER Asia-Pacific ("SEER-AP"), a newly formed subsidiary to facilitate investment and rollout of SEER’s patented and proprietary technologies in the Asia-Pacific region. 

The Company’s board has made the enhancement to secure strategic partners, facilitate capital investment with minimal or no dilution to existing shareholders, expand its global marketing and licensing abilities and create an expanded and more diverse management team. The appointment allows the company to leverage Dr. Tang’s vast experience in international business, sales and distribution, his hands-on and practical successes in corporate mergers and acquisition, as well as his connections in the environmental technology and waste management industries in the Asia-Pacific region.