A new CEO for KW, as he announces a great investor

Keller Williams announced a new investment by the private equity company Stone Point Capital this morning, which affects a large share of ownership at Austin-based real estate franchise giant.

The deal will include a change in management, with Christopher Czarnecki, who worked as CEO of Reit Broadstone Net Lease, Inc., from Mark Willis, who resigned from his leadership in January.

Gary Keller, the famous co -founder and chair of the company, will spend the night at Keller Williams and keep ownership of the company. As an opportunity, he frames the move to ensure the growth of the company and the continued success of the individual agent.

“We have built up an incredible foundation, and when we concentrate on the personal development of every agent and its continuous sales growth, we welcome the partnership and support of the team on Stone Point Capital,” said Keller in the announcement. Stone Point also has Corelogic and is an investor in other Proptech companies.

“I look forward to the future and look forward to entering the most productive phase for writing, teaching and coaching my 48-year career in real estate careers,” added Keller. “I love this company and don’t go anywhere.”

The announcement of the partnership also affects the other investments of Stone Point Capital in the real estate area and the “strong success record of the partnership with winning companies” in order to “achieve their full potential. According to the announcement, part of achieving this full potential is a continued focus on agent marketing and branding, education and coaching as well as data and technology.

In addition, Keller indicated new opportunities to reward productive agents and help the broker with agent attraction.

“We will also research new ways to ensure that top agents and franchisees who are promoting the growth of our business are able to participate in his future success,” he said.

Inman initially broke the news of the investment and the new CEO.

This is a developing story and is updated when further information is available.