.
MergerLinks Header Logo

New Deal


Announced

CoStar Group to acquire Matterport for $1.6bn.

Financials

Edit Data
Transaction Value£1,293m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales10.1x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United States

digital transformation

Digital Services

Acquisition

Majority

Domestic

Public

Pending

Friendly

Single Bidder

Synopsis

Edit

CoStar Group, a provider of online real estate marketplaces, information and analytics in the property markets, agreed to acquire Matterport, an American 3D spatial mapping company, for $1.6bn. "CoStar Group and Matterport have nearly identical mission statements of digitizing the world’s real estate. I look forward to welcoming Matterport to the CoStar Group family and believe that we will be stronger together, in pursuit of our common mission," Andy Florance, CoStar Group Founder and CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US