Keller Williams, a Texas-based real estate franchisor, is selling an investment stake in its 42-year-old company to Stone Point Capital. The deal, which was expected but had been unrequited until now, marks a historic sale and is expected to reverberate across the global network of over 1,000 offices.
Gary Keller, co-founder and current executive chairman, will remain in his role while Chris Czarnecki takes over as CEO. Czarnecki has extensive industry experience, having served as CEO of Broadstone Net Lease from 2017 to 2023. He brings over 20 years of experience in scaling businesses, leading strategic growth, and driving capital deployment.
The deal is seen as a strategic move to accelerate Keller Williams’ growth and provide the necessary resources for agent sales growth and market center development through investments in education, data, and technology. Stone Point Capital has a track record of fostering successful partnerships and driving growth, making it an attractive partner for Keller Williams.
“This partnership with Stone Point will give us the ability to continue to innovate, expand, and provide even more value to franchisees, agents, and their clients,” said Czarnecki in a statement. “Keller Williams has built a global position and an incredible culture of growth and entrepreneurial achievement, and I am thrilled to be part of its next chapter.”
The sale comes amid predictions that 2025 will be an active year for mergers and acquisitions in real estate. It also follows recent deals involving Apollo Global Management’s acquisition of Bridge Investment Group and the speculation surrounding Keller Williams’ potential IPO.
With Stone Point Capital on board, Keller Williams aims to further accelerate its growth and achieve its boldest goals.
Source: https://www.inman.com/2025/03/03/keller-williams-takes-on-major-investment-from-corelogic-owner