Tech Company M&A Transactions
Homesnap Acquisition
On 11/25/2020, Homesnap was acquired by CoStar Group. The transaction price was $250 million.
Transaction Overview
Company Name
Acquired By
Announced On
11/25/2020
Transaction Type
M&A
Amount
$250,000,000
M&A Terms
CoStar Group, Inc. (NASDAQ: CSGP), a Washington, D.C.-based provider of commercial real estate information, analytics and online marketplaces, is to acquire Homesnap, Inc. a Bethesda, MD-based provider of a residential real estate agent management platform, for $250m in cash. The acquisition -- expected to close in 2020, subject to customary closing conditions and regulatory review -- will enable the company to enter a new space and expand the total addressable markets in which they can compete.
Company Information
Company Status
Acquired or Merged
Industry
Real Estate
Mailing Address
5640 Nicholson Ln. 300
Rockville, MD 20852
USA
Rockville, MD 20852
USA
Phone
Website
Email Address
Overview
Homesnap is the fastest-growing mobile platform for agents and brokerages -- now available to every agent in more than 125 MLSs representing over 800,000 agents.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Mazur
Founder
Guy Wolcott
President
Steve Barnes
Vice President
Dana Aldis
Vice President
Stephanie Rall
VP - Engineering
Thomas Goff
VP - Finance
Jon Walsh
VP - Marketing
Ted Lubin
VP - Marketing
Gayle Weiswasser
VP - Operations
David Gildea
VP - Product Management
Lou Mintzer
VP - Sales
Timothy Condon
VP - Sales
Marc Regardie
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Where The Data Comes From
We do our best to record funding rounds that are announced publicly. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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