Compass, Inc.

Compass, Inc. (COMP) priced its initial public offering on Apr 1, 2021 at $18.00 per share, raising $450M, and listed on NYSE. At the IPO price its market capitalization was about $6.96B. Goldman Sachs was lead-left underwriter, joined by Morgan Stanley, Barclays and Deutsche Bank and others. Fenwick & West advised the company and Latham & Watkins advised the underwriters.

Compass, Inc. provides an end-to-end technology platform for real estate agents, aiming to bring everything agents need into one integrated system. The platform supports agents in serving buyer and seller clients, and its scale is measured by transactions closed through it.

Status

IPO

Ticker

COMP

Exchange

NYSE

Priced

Apr 1, 2021

IPO price

$18.00

Raised

$450M

Market cap at IPO price

$6.96B

First filed

Mar 1, 2021

Underwriters

Goldman Sachs, Morgan Stanley, Barclays, Deutsche Bank, UBS, Oppenheimer, Needham, Loop Capital, Academy Securities, Blaylock Van, Ramirez & Co. and Siebert Williams Shank

Company counsel

Fenwick & West

Underwriters' counsel

Latham & Watkins

Sector

Real estate & finance

Country / state

NY

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.