M&A Deal Summary

CoStar Acquires Thomas Daily

On May 4, 2016, CoStar acquired information services company Thomas Daily

Acquisition Highlights
  • This is CoStar’s 1st transaction in the Information Services sector.
  • This is CoStar’s 1st transaction in Germany.

M&A Deal Summary

Date 2016-05-04
Target Thomas Daily
Sector Information Services
Buyer(s) CoStar
Deal Type Add-on Acquisition

Target

Thomas Daily

Freiburg, Germany
Thomas Daily has developed a web based real estate information system that continuously orients itself to the information needs of the market. It bundles all the necessary services and data on one platform, thus making it accessible to all real estate professionals in every market.

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Buyer(S) 1

Buyer

CoStar

Washington, District of Columbia, United States

Category Company
Founded 1987
Sector Information Services
Employees6,593
Revenue 2.7B USD (2024)
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, District of Columbia.


DEAL STATS #
Overall 8 of 25
Sector: Information Services M&A 1 of 3
Type: Add-on Acquisition M&A Deals 7 of 21
Country: Germany M&A 1 of 2
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-29 Apartment Finder

Norcorss, Georgia, United States

Apartment Finder is a provider of real estate rental listings as well as digital advertising on ApartmentFinder.com.

Buy $170M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-10 DataSphere

Bellevue, Washington, United States

DataSphere, Inc. (LandWatch.com) is an operator of network of sites provides buyers with the most comprehensive choice of rural real estate, and property owners with the highest exposure for their listings.

Buy -