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New Deal


Announced

Completed

CoStar Group completed the acquisition of Homes.com for $156m.

Financials

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Transaction Value£113m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

real estate

engine marketing

Real Estate Services

Acquisition

Domestic

Private

Majority

Friendly

Single Bidder

Completed

Synopsis

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CoStar Group, a provider of commercial real estate information, completed the acquisition of Homes.com, a real estate and home service industry's technology-enabled business solution provider, for $156m. “The combination of Homes.com and Homesnap, which we acquired in December 2020, sets the stage for us to offer sellers, buyers, and real estate agents a better, more collaborative online home sale and purchase experience,” Andrew C. Florance, CoStar Group Founder and Chief Executive Officer.

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