What does cartus stand for?

What does cartus stand for?

Cartus: Derived from ‘carte’ or ‘charta,’ suggesting the art and technique of making maps (cartography); to plan or delineate. Our name reflects Cartus’ leadership and promise to clients in guiding their relocation journey; we help map their future in every move they make.

Is cartus part of realogy?

Cartus is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), the leading and most integrated provider of U.S. residential real estate services, encompassing franchise, brokerage, and title and settlement businesses as well as a mortgage joint venture.

What is the realogy Advantage Network?

The Realogy Advantage Network is a nationwide high-performance network of 500+ brokers and ~100,000 agents, recognized for exceptional customer service, from some of the most recognizable names in real estate.

Is sirva still buying Cartus?

Real estate giant Realogy’s bid to compel Madison Dearborn Partners (MDP) and SIRVA Worldwide to close a $400 million deal to purchase Realogy subsidiary Cartus is officially dead. The companies have settled the litigation between them and a Delaware court has closed the case permanently.

Is Cartus a good company?

“Cartus is a great partner to our business. They are very positive and willing to put the effort into relationship-building just as we are from our side.” “Fantastic partnership at the management level, and a client services team that is clearly proud to support our company.”

Who bought Cartus?

November 7th, 2019 (OAKBROOK TERRACE, IL) — SIRVA, Inc., a leading global relocation and moving company, today announced that it has entered into a definitive agreement to acquire the relocation assets of Cartus global relocation company from Realogy Holdings Corp. (NYSE: RLGY).

Who owns SIRVA relocation?

SIRVA, which has been owned by Aurora Resurgence and Equity Group Investments (EGI) since 2008, today has 55 office locations, 620 Agent locations and 2,600+ employees operating in 170 countries and plans to leverage MDP’s investment and industry expertise to expand its leadership position as a global, end-to-end …

Who is the CEO of SIRVA?

Thomas Oberdorf, Chief Executive Officer | SIRVA.

Does Nike pay for relocation?

Relocating employees have the option to exchange a maximum of five flex points for cash. Emphasizing Nike’s focus on delivering quality relocation support and the intent of getting someone properly settled versus a simple lump sum benefit, the cash benefit decreases in dollar amount as more points are swapped.

Does SIRVA own North American Van Lines?

They began as independent van lines with unique cultures, strengths, and people. However, they are currently both owned and operated by SIRVA Worldwide. Sirva acquired North American Van Lines in 1998 and Allied Van Lines in 1999. Today, the van lines are considered individual brands, operating unique fleets.

Does SIRVA own Allied Van Lines?

SIRVA’s family of household move companies comprises two of the moving industry’s most iconic brands, Allied and northAmerican van lines, which have a combined 200 years of experience.

What companies does SIRVA own?

From relocation to household goods and commercial moving and storage, our portfolio of brands (SIRVA, Allied, northAmerican, SMARTBOX, SIRVA Mortgage, and Alliance) provide the only integrated moving/relocation solution in the industry.