CoStar - M&A Summary and Business Overview

Information ServicesCompany

CoStar M&A Summary

CoStar has acquired 23 companies, including 11 in the last 5 years. A total of 4 acquisitions came from private equity firms.

CoStar’s largest acquisition to date was in 2024, when it acquired Matterport for $2.1B. CoStar has acquired in 9 different US states, and 4 countries. The Company’s most targeted sectors include internet software and services (50%) and software (14%).

CoStar Business Overview

Where is CoStar headquartered?

CoStar is headquartered in Washington, District of Columbia.

What is CoStar’s revenue?

CoStar disclosed revenue of 2,182M USD for 2022 and 1,944M USD for 2021.

How many employees does CoStar have?

CoStar has 5,600 employees.

What sector is CoStar in?

CoStar is an information services company.

When was CoStar founded?

CoStar was founded in 1987.

M&A Summary

  • M&A Total Activity22
    • M&A Buy Activity22
  • Total Sectors Invested 7
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 4
  • M&A Advisors 3

CoStar

CoStar Group, Inc.

1331 L Street NW,
Washington, District of Columbia 20005
United States,
(202) 346-6500
www.costargroup.com

CoStar is a provider of information services to commercial real estate professionals in the United States and the United Kingdom. CoStar's suite of products offers customers access via the Internet to the most comprehensive, verified database of commercial real estate information. CoStar was incorporated in 1987 and is based in Washington, DC.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.6/yr) # 14 2 2 2 1 1 22
vol $2.4B $440M $156M $154M $2.1B $5.3B
Sell (0.0/yr) # - - - - - - 0
  22

Most Recent M&A

Company Date Value Type
Matterport, Inc. 2024-04-22 2.1B USD Add-on Acquisition
Sunnyvale, California · www.matterport.com
OnTheMarket plc 2023-10-19 154M GBP Add-on Acquisition
Manchester, United Kingdom · www.onthemarket.com
Fairmas GmbH 2022-10-13 - Divestiture
Berlin, Germany · www.fairmas.com
Business Immo 2022-04-06 - Add-on Acquisition
Paris, France · www.businessimmo.com
ComReal Info SAS 2021-10-01 - Add-on Acquisition
Paris, France · www.bureauxlocaux.com
Homes.com 2021-04-14 156M USD Divestiture
Norfolk, Virginia · www.homes.com
Homesnap, Inc. 2020-11-22 250M USD Add-on Acquisition
Bethesda, Maryland · www.homesnap.com
Ten-X, Inc. 2020-05-13 190M USD Add-on Acquisition
Irvine, California · www.ten-x.com
STR, Inc. 2019-10-01 450M USD Add-on Acquisition
Hendersonville, Tennessee · www.str.com
Off Campus Partners LLC 2019-06-20 - Add-on Acquisition
Charlottesville, Virginia · www.offcampuspartners.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 11 (50%) 2.3B (44%) - -
Software 3 (14%) 17M (< 1%) - -
Digital Media 2 (9%) 350M (7%) - -
Information Services 2 (9%) - - -
Information Technology 2 (9%) 2.6B (49%) - -
Publishing 1 (5%) - - -
Real Estate 1 (5%) - - -
Total 22 $5.3B - -

By Geo

State/Country Buy Value Sell Value
United States 16 5.1B - -
  California 4 3.1B - -
  Virginia 3 506M - -
  Massachusetts 2 - - -
  Georgia 2 187M - -
  Washington 1 - - -
  Tennessee 1 450M - -
  Oregon 1 68M - -
  Maryland 1 250M - -
  Illinois 1 585M - -
France 2 - - -
Germany 2 - - -
United Kingdom 2 154M - -
Domestic 16 (73%) 5.1B (97%) - -
Cross-border 6 (27%) 154M (3%) - -
Total 22 $5.3B - -

Top M&A Advisors

Financial Deals
J.P. Morgan Securities
1
Legal Deals
Simpson Thacher & Bartlett
1
Davis Polk & Wardwell
1

Deal Values

buy # Total
> $1B 1 $2.1B
$100M to $1B 9 $3.1B
< $100M 2 $85M
TOTAL $5.3B
Largest Matterport, Inc.
$2.1B (2024-04-22)

M&A Connections

Deals
Acquired from
Investor(s)
14%
3 (14%)
Strategic(s)
9%
2 (9%)

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