CoStar Group acquired Homes.com (from Landmark) for $150 million in cash purchase price; total consideration of $152 million, a transaction completed in May 2021, structured as Securities purchase agreement; acquired all outstanding equity interests (all cash).
Homes.com (from Landmark) operates in North America. On May 24, 2021, CoStar completed the acquisition of Homes.com from Landmark, a residential real estate advertising and marketing services company, acquiring all outstanding equity interests.
Anchored CoStar's residential marketplace strategy around the Homes.com brand.
Advisory firms were not disclosed for this transaction.