M&A Deal Summary

CoStar Acquires COMPS.com

On February 10, 2000, CoStar acquired publishing company COMPS.com from Summit Partners

Acquisition Highlights
  • This is CoStar’s 1st transaction in the Publishing sector.
  • This is CoStar’s 1st transaction in the United States.
  • This is CoStar’s 1st transaction in California.

M&A Deal Summary
Date 2000-02-10
Target COMPS.com
Sector Publishing
Buyer(s) CoStar
Sellers(s) Summit Partners
Deal Type Add-on Acquisition

Target

COMPS.com

San Diego, California, United States
COMPS.com, Inc. is a database publisher and information services provider of confirmed real estate transaction data for residential and commercial properties.

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Buyer(S) 1

Buyer

CoStar

Washington, District of Columbia, United States
Category Company
Founded 1987
Sector Information Services
Employees6,152
Revenue 2.5B USD (2023)
DESCRIPTION
CoStar office in Columbia, Maryland.
CoStar office in Columbia, Maryland.

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.

DEAL STATS #
Overall 1 of 23
Sector (Publishing) 1 of 1
Type (Add-on Acquisition) 1 of 19
State (California) 1 of 4
Country (United States) 1 of 17
Year (2000) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-20 Property & Portfolio Research

Boston, Massachusetts, United States

Property & Portfolio Research is a provider of commercial real estate information.

Buy -

Seller(S) 1

SELLER

Summit Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Founded 1984
PE ASSETS 39.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Summit Partners is a private investment and asset management firm focused on venture, growth, credit, and public equity investing. Sectors of interest include business services, communications technology and services, consumer products, energy, financial services, healthcare and life sciences, industrial products, internet/information services, media/entertainment, semiconductors, electronics, and software. Summit Partners is known for having a proactive business development group for sourcing transactions. Summit will consider both minority or majority investment stakes and is willing to commit as little as $10 million or as much as $500 million in combined debt/junior capital per transaction. The Firm's geographic coverage spans North America and Europe. Summit Partners was formed in 1984 and is headquartered in Boston, Massachusetts.

DEAL STATS #
Overall 63 of 285
Sector (Publishing) 2 of 2
Type (Add-on Acquisition) 18 of 127
State (California) 21 of 62
Country (United States) 61 of 246
Year (2000) 1 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-01 PowerSmart

Plano, Texas, United States

PowerSmart, Inc. is a pioneer in the field of smart battery electronics. The company designs and manufactures semi-conductors which enable more efficient battery usage for mobile systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-02-17 Microbank Software

Livingston, New Jersey, United States

Microbank Software, Inc. develops, markets and supports software products that automate client service, account reconciliation, and data management for financial institutions.

Sell -
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