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Completed
Synopsis
Private equity firms Stone Point Capital and Insight Partners, completed the acquisition of CoreLogic, a global property information, analytics and data-enabled solutions provider, for $6bn. "This is a significant milestone for CoreLogic and a very positive outcome for our shareholders who will receive exceptional value for their shares in cash with a high degree of regulatory certainty and a closing expected in the near term. The transaction is the culmination of our Board’s extensive review of strategic alternatives, which included engaging with numerous potential buyers," Paul Folino, CoreLogic Chairman. On March 1, 2021, CoStar offered to acquire CoreLogic for $7.25bn, in an offer that beats SPC proposal by $1.25bn. On March 4, 2021, CoreLogic denied CoStar's buyout offer. On April 28, 2021, CoreLogic shareholders approved the acquisition by Stone Point Capital and Insight Partners.
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