Fathom Holdings Inc., a national, technology-driven real estate services platform integrating residential brokerage, mortgage, title and SaaS offerings, has entered into a definitive merger agreement to be acquired by Bed Bath & Beyond Inc. in an all-stock transaction.
The transaction implies an equity value for Fathom of approximately $53.38 million and reflects an exchange ratio of 0.2236 shares of Bed Bath & Beyond common stock for each Fathom share, subject to certain adjustments at closing of the transaction.
Fathom’s integrated platform and technology capabilities complement Bed Bath & Beyond’s Everything Home strategy and are expected to accelerate the combined company’s vision to create the nation’s first end-to-end homeownership platform, the company said.
“This transaction marks a transformational opportunity for Fathom and our shareholders,” said Adam Rothstein, interim chief executive officer of Fathom. “By combining with Bed Bath & Beyond, we meaningfully expand our ability to deliver a fully integrated, technology-driven experience for agents and consumers, and it positions us for long-term growth. Bed Bath & Beyond’s broad customer reach and strong brand recognition, paired with our scalable real estate technology platform, creates a compelling opportunity to redefine the homeownership lifecycle and build lasting value for our shareholders.”
Bed Bath & Beyond is building Everything Home, a strategy centered on three interconnected pillars: homeownership and transactions, omnichannel commerce and home services. The acquisition expands Bed Bath & Beyond’s homeownership and transactions pillar by adding Fathom’s capabilities across brokerage, mortgage, title, insurance and homeowner financial services. Combined with Bed Bath & Beyond’s omnichannel commerce platform and growing home services business, these capabilities are expected to create a unified platform centered around homeowners, their homes and the neighborhoods where they live.
Fathom expects the combination to provide immediate access to millions of Bed Bath & Beyond customers at key moments in the homeownership journey, creating a seamless connection between home buying, financing, and furnishing. The transaction is also expected to provide Fathom with enhanced scale and resources, including greater capital access to invest in its technology platform and agent network.
Adam Rothstein, a current member of Fathom’s board of directors, has been appointed interim chief executive officer. Daniel Weinmann, the company’s vice president of finance, has been appointed Chief Financial Officer, effective immediately.
The transaction is expected to close in the second half of 2026.
