JACKSONVILLE, FL-Brookfield Residential Property Services has snapped up Prudential Real Estate and Relocation Services. The deal creates the third-largest residential real estate brokerage business and the world’s second largest relocation services provider. Financial terms of the deal were not disclosed.

“This transaction creates a global employee relocation services and real estate franchising leader,” Graham Badun, CEO of Toronto-based Brookfield Residential Property Services, said in a statement. “We have now increased the breadth and depth of our service offering, keeping pace with the evolving needs of our clients around the world.”

Indeed, the deal creates a new industry powerhouse. Through its various brands, Brookfield’s residential real estate franchises are now present in all 50 US states, 10 Canadian provinces, Mexico and Portugal. In all, Brookfield now has nearly 80,000 real estate agents and 2,800 locations and brokers more than $150 billion in annual residential real estate transactions.