CoStar to buy real estate data provider in $800M all-cash deal
Summary
CoStar has agreed to acquire real estate data and analytics provider Zonda for $800 million in cash. Zonda serves more than 3,000 customers, including major homebuilders, developers, suppliers, and lenders. The deal adds Zonda’s proprietary lot-level database and new-home marketplaces to CoStar’s information and technology stack. It also strengthens CoStar’s push into residential real estate while supporting its broader data and analytics business. The transaction is expected to close in the second half of the year.
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Anti Piracy
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Labels
SaaS
Data Analytics Software
Real Estate Software
Linked Companies
Zonda Media
$100M to $250M