About This Deal
CoStar Group acquired Homesnap, Inc. for $250 million in cash, a transaction completed in December 2020, structured as Merger; acquired all issued and outstanding equity interests (all cash).
Homesnap, Inc. operates in North America. On December 22, 2020, CoStar acquired all of the equity interests in Homesnap, Inc., an online and mobile software platform providing user-friendly applications for residential real estate agents and brokers.
Extended CoStar's residential real estate offering with a leading agent/broker software platform.
Deal Terms
Acquirer
CoStar Group
Target
Homesnap, Inc.
Value
$250 million in cash
Date
December 2020
Type
Acquisition
Status
Ready
Transaction Details
Segment
North America
Structure
Merger; acquired all issued and outstanding equity interests (all cash)
Announced
November 20, 2020
Closed
December 22, 2020
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
SEC filing ↗
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