Re/max Alliance Acquires Franchise

(Friday, October 23, 2009) - RE/MAX Alliance, a RE/MAX realty franchise with 21 offices along the Front Range, including four in the Boulder Valley, has acquired fellow franchise RE/MAX Horizons with two offices in Broomfield and Firestone.

Financial terms of the deal were not disclosed.

The acquisition will increase RE/MAX Alliance's presence in the Boulder Valley with the addition of the Broomfield office to its offices in Boulder, Louisville, Longmont and Nederland. The franchise now has more than 850 agents in 23 offices across Colorado, and it is the third-largest RE/MAX franchise in the world, company officials said.

Through its worldwide franchises, RE/MAX provides residential and commercial realty services.

"When the opportunity to acquire RE/MAX Horizons and its vibrant Broomfield location, we knew instinctively that it was a very solid strategic move," said Chad Ochsner, broker and co-owner of RE/MAX Alliance.

"With the ConocoPhillips campus scheduled to commence construction on the former StorageTek land in 2012 or 2013, our agents in Broomfield and elsewhere should enjoy a wealth of relocation opportunities," Ochsner said.

Mike Scott, managing broker with RE/MAX Alliance in Louisville, will now manage the added Broomfield location while continuing management duties in Louisville.

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RE/MAX International Inc.
P.O. Box 3907
Englewood, CO

Phone: (303)770-5531
Toll Free: (800)525-7452
Fax: (303)796-3599

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