M&A Deal Summary

CoStar Acquires Property & Portfolio Research

On July 20, 2009, CoStar acquired real estate company Property & Portfolio Research

Acquisition Highlights
  • This is CoStar’s 1st transaction in the Real Estate sector.
  • This is CoStar’s 2nd transaction in the United States.
  • This is CoStar’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2009-07-20
Target Property & Portfolio Research
Sector Real Estate
Buyer(s) CoStar
Deal Type Add-on Acquisition

Target

Property & Portfolio Research

Boston, Massachusetts, United States
Property & Portfolio Research is a provider of commercial real estate information.

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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 2 of 23
Sector (Real Estate) 1 of 1
Type (Add-on Acquisition) 2 of 19
State (Massachusetts) 1 of 2
Country (United States) 2 of 17
Year (2009) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-02-10 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-20 Resolve Technology

Needham, Massachusetts, United States

Resolve Technology, Inc. is a provider of business intelligence and portfolio management software serving the institutional real estate investment industry.

Buy -